South Korea: Poverty at 1.90 USD per day

The latest value from 2021 is 0 percent, unchanged from 0 percent in 2020. In comparison, the world average is 5.30 percent, based on data from 71 countries. Historically, the average for South Korea from 2006 to 2021 is 0.17 percent. The minimum value, 0 percent, was reached in 2019 while the maximum of 0.5 percent was recorded in 2010. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Poverty headcount ratio at $2.15 a day is the percentage of the population living on less than $2.15 a day at 2017 purchasing power adjusted 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.