South Korea: Top 10 percent income share
* indicates monthly or quarterly data series
| South Korea |
Percent income earned by the top 10 percent of earners |
|---|---|
| Latest value | 25.00 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2006 - 2021 |
| Average | 24.85 |
| Min - Max | 23.70 - 26.40 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2021 is 25 percent, a decline from 25.2 percent in 2020. In comparison, the world average is 27.31 percent, based on data from 80 countries. Historically, the average for South Korea from 2006 to 2021 is 24.85 percent. The minimum value, 23.7 percent, was reached in 2014 while the maximum of 26.4 percent was recorded in 2016.
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* indicates monthly or quarterly data series
| Recent values | South Korea: Top 10 percent income share |
|---|---|
| 2021 | 25.00 |
| 2020 | 25.20 |
| 2019 | 25.20 |
| 2018 | 25.20 |
| 2017 | 26.10 |
| 2016 | 26.40 |
| 2014 | 23.70 |
| 2012 | 23.80 |
Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 32.90 | 2021 | index points |
| Poverty at 1.90 USD per day | 0.10 | 2021 | percent |
| Poverty at 5.50 USD per day | 0.50 | 2021 | percent |
| Top 10 percent income share | 25.00 | 2021 | percent |