Extreme poverty rate in South Korea

0.1% of people in South Korea lived on less than $3.00 a day in 2021.

Measure: Extreme poverty rate at $3.00 a day (2021 PPP) Unit: % of population Data: 2006 to 2021 Source: World Bank
South Korea, 2021 0.1% % of population
Change from 2020 0percentage points 2020: 0.1%
World, 2021 11.3% Official aggregate
Median of OECD (38 countries), 2021 0.3% Middle value of 31 countries
Position in 2021 72nd of 81 See the full ranking

Extreme poverty rate in South Korea over time

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South Korea World ×

% of population. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Extreme poverty rate at $3.00 a day (2021 PPP) (% of population), 2001 to 2024
Period South KoreaWorld
2024 – 10.1%
2023 – 10.5%
2022 – 10.9%
2021 0.1% 11.3%
2020 0.1% 11.4%
2019 0.2% –
2018 0.2% 11.1%
2017 0.2% 11.8%
2016 0.2% 12.6%
2015 – 13.4%
2014 0.3% 14.5%
2013 – 15.5%
2012 0.5% 17.8%
2011 – 19.1%
2010 0.5% 21.0%
2009 – 23.1%
2008 0.5% 24.1%
2007 – 25.3%
2006 0.5% 27.0%
2005 – 28.3%
2004 – 30.3%
2003 – 32.2%
2002 – 33.7%
2001 – 35.3%

A dash means no value was published for that period.

In short

  • That is unchanged from 2020.
  • Since 2006, when it was 0.5%, the figure has changed by −0.4 percentage points.
  • Among the 81 countries with data for 2021, South Korea has the 72nd highest value.
  • The figure for the world in 2021 was 11.3%.

More for South Korea

All statistics for South Korea

Source and dates

Original producer
World Bank, Poverty and Inequality Platform
Distributed by
World Bank, World Development Indicators
Dataset or series code
SI.POV.DDAY · dataset details · view at source
Observation period
2006 to 2021 for South Korea
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank, Poverty and Inequality Platform