Account, income, poorest 40% in South Korea

South Korea: Account, income, poorest 40% was 94.2% in 2024. ▬ Flat

Latest (2024)
94.2%
Change on year
down 2.8%
World rank
21st
of 103 countries
All-time high
96.9%
in 2021
All-time low
90.3%
in 2011
Years of data
5
2011–2024

Account, income, poorest 40% in South Korea, 2011–2024

0204060801002011201720242011: 90.3 % ages 15+2014: 94.4 % ages 15+2017: 92.1 % ages 15+2021: 96.9 % ages 15+2024: 94.2 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

The most recent figure for account, income, poorest 40% in South Korea is 94.2%, measured in 2024.

Compared with earlier readings it is down 2.8% on the previous year and down 0.2% over ten years.

Over the whole period, account, income, poorest 40% in South Korea peaked at 96.9% in 2021 and was at its lowest, 90.3%, in 2011.

South Korea ranks 21st of 103 countries on this measure, in the top quarter.

Account, income, poorest 40% in South Korea, year by year

Annual values for Account, income, poorest 40% (% ages 15+) in South Korea, 2011 to 2024.
Year % ages 15+ Change
2011 90.3%
2014 94.4% +4.4%
2017 92.1% -2.3%
2021 96.9% +5.1%
2024 94.2% -2.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.3% 90.3% 94.4% 3
2020s 95.5% 94.2% 96.9% 2

Countries ranked near South Korea

  1. 18 New Zealand 96.8% compare
  2. 19 Sweden 96.6% compare
  3. 20 United States 95.6% compare
  4. 22 Cyprus 94.2% compare
  5. 23 Malta 93.4% compare
  6. 24 Latvia 91.6% compare

See the full ranking of 115 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is account, income, poorest 40% in South Korea?
Account, income, poorest 40% in South Korea was 94.2% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in South Korea?
The highest recorded value was 96.9% in 2021.
What is the lowest account, income, poorest 40% recorded in South Korea?
The lowest recorded value was 90.3% in 2011.
How does South Korea rank for account, income, poorest 40%?
South Korea ranks 21st out of 103 countries with data for 2024.
Is account, income, poorest 40% rising or falling in South Korea?
Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
Where does this South Korea data come from?
The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Account, income, poorest 40% in South Korea. Statizoid, drawing on Global Findex database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/korea-rep/">Account, income, poorest 40% in South Korea</a> — Statizoid

About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), poorest 40% (% ages 15+)