South Korea: Poverty ratio, percent living on less than 5.50 USD a day
For that indicator, we provide data for South Korea from 2006 to 2012. The average value for South Korea during that period was 1.28 percent with a minimum of 1.2 percent in 2006 and a maximum of 1.5 percent in 2010.
The latest value from 2012 is 1.2 percent. For comparison, the world average in 2012 based on 78
countries is 25.03 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.