South Korea vs Luxembourg: Palma ratio
South Korea
1.27
in 2021
Luxembourg
1.31
in 2023
South Korea rank
74th
Luxembourg rank
71st
Palma ratio over time
- South Korea
- Luxembourg
How they compare
Luxembourg currently reports 1.31 against 1.27 in South Korea, a difference of 0.04.
The two have swapped places 6 times across 11 shared years of data; in 2006 it was South Korea ahead.
South Korea ranks 74th and Luxembourg ranks 71st of 120 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.21 | 1.21 | 0.0006 | Luxembourg |
| 2010s | 1.28 | 1.29 | 0.005 | Luxembourg |
| 2020s | 1.27 | 1.27 | 0.0037 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, South Korea or Luxembourg?
- Luxembourg, at 1.31 against 1.27 in South Korea as of 2023.
- What is the difference in palma ratio between South Korea and Luxembourg?
- 0.04, with Luxembourg ahead.
- How many years of comparable data are there for South Korea and Luxembourg?
- 11 years are reported by both, from 2006 to 2021.
- How do South Korea and Luxembourg rank globally for palma ratio?
- South Korea ranks 74th and Luxembourg ranks 71st of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Palma ratio. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.