South Korea Social: Poverty and Inequality
Poverty Headcount Ratio at $6.85 a Day: 2017 PPP: % of Population
KR: Poverty Headcount Ratio at $6.85 a Day: 2017 PPP: % of Population data was reported at 0.500 % in 2021. This stayed constant from the previous number of 0.500 % for 2020. KR: Poverty Headcount Ratio at $6.85 a Day: 2017 PPP: % of Population data is updated yearly, averaging 1.000 % from Dec 2006 (Median) to 2021, with 11 observations. The data reached an all-time high of 2.200 % in 2010 and a record low of 0.500 % in 2021. KR: Poverty Headcount Ratio at $6.85 a Day: 2017 PPP: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Social: Poverty and Inequality. Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
| Last | Frequency | Range |
|---|---|---|
| 0.500 2021 | yearly | 2006 - 2021 |
View South Korea's Poverty Headcount Ratio at $6.85 a Day: 2017 PPP: % of Population from 2006 to 2021 in the chart:
Proportion of People Living Below 50 Percent Of Median Income: %
KR: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 12.200 % in 2016. This records a decrease from the previous number of 12.500 % for 2014. KR: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 12.750 % from Dec 2006 (Median) to 2016, with 6 observations. The data reached an all-time high of 13.000 % in 2012 and a record low of 12.200 % in 2016. KR: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
| Last | Frequency | Range |
|---|---|---|
| 12.200 2016 | yearly | 2006 - 2016 |
View South Korea's Proportion of People Living Below 50 Percent Of Median Income: % from 2006 to 2016 in the chart:
Multidimensional Poverty Headcount Ratio: World Bank: % of total population
Multidimensional Poverty Headcount Ratio: World Bank: % of total population data was reported at 0.100 % in 2021. This stayed constant from the previous number of 0.100 % for 2020. Multidimensional Poverty Headcount Ratio: World Bank: % of total population data is updated yearly, averaging 0.100 % from Dec 2010 (Median) to 2021, with 9 observations. The data reached an all-time high of 0.400 % in 2010 and a record low of 0.100 % in 2021. Multidimensional Poverty Headcount Ratio: World Bank: % of total population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Social: Poverty and Inequality. The multidimensional poverty headcount ratio (World Bank) is the percentage of a population living in poverty according to the World Bank's Multidimensional Poverty Measure. The Multidimensional Poverty Measure includes three dimensions – monetary poverty, education, and basic infrastructure services – to capture a more complete picture of poverty.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
| Last | Frequency | Range |
|---|---|---|
| 0.100 2021 | yearly | 2010 - 2021 |
View South Korea's Multidimensional Poverty Headcount Ratio: World Bank: % of total population from 2010 to 2021 in the chart:
Poverty Headcount Ratio at Societal Poverty Lines: % of Population
Poverty Headcount Ratio at Societal Poverty Lines: % of Population data was reported at 14.200 % in 2021. This records an increase from the previous number of 14.000 % for 2020. Poverty Headcount Ratio at Societal Poverty Lines: % of Population data is updated yearly, averaging 15.200 % from Dec 2006 (Median) to 2021, with 11 observations. The data reached an all-time high of 17.200 % in 2016 and a record low of 14.000 % in 2020. Poverty Headcount Ratio at Societal Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Social: Poverty and Inequality. The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2017 U.S. dollars and defined as max($2.15, $1.15 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $2.15. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
| Last | Frequency | Range |
|---|---|---|
| 14.200 2021 | yearly | 2006 - 2021 |