South Korea vs Spain: Palma ratio
South Korea
1.27
in 2021
Spain
1.28
in 2023
South Korea rank
74th
Spain rank
73rd
Palma ratio over time
- South Korea
- Spain
How they compare
Spain currently reports 1.28 against 1.27 in South Korea, a difference of 0.01.
The two have swapped places 2 times across 11 shared years of data; in 2006 it was Spain ahead.
South Korea ranks 74th and Spain ranks 73rd of 120 countries.
Spain has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.21 | 1.33 | 0.1219 | Spain |
| 2010s | 1.28 | 1.41 | 0.1322 | Spain |
| 2020s | 1.27 | 1.35 | 0.0805 | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, South Korea or Spain?
- Spain, at 1.28 against 1.27 in South Korea as of 2023.
- What is the difference in palma ratio between South Korea and Spain?
- 0.01, with Spain ahead.
- How many years of comparable data are there for South Korea and Spain?
- 11 years are reported by both, from 2006 to 2021.
- How do South Korea and Spain rank globally for palma ratio?
- South Korea ranks 74th and Spain ranks 73rd 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.