South Korea: Poverty ratio, percent living on less than 5.50 USD a day
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For that indicator, The World Bank provides 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.
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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.
