Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea

South Korea: Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) was 1,153 international-$ in 2021 prices in 2021. ▲ Rising

Latest (2021)
1,153 international-$ in 2021 prices
Change on year
up 1.5%
World rank
18th
of 47 countries
All-time high
1,153 international-$ in 2021 prices
in 2021
All-time low
763.26 international-$ in 2021 prices
in 2008
Years of data
11
2006–2021

Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea, 2006–2021

02505007501.0k1.2k2006201320212006: 772.1 international-$ in 2021 prices2008: 763.3 international-$ in 2021 prices2010: 766.3 international-$ in 2021 prices2012: 808.1 international-$ in 2021 prices2014: 845 international-$ in 2021 prices2016: 894.6 international-$ in 2021 prices2017: 919.4 international-$ in 2021 prices2018: 978.5 international-$ in 2021 prices2019: 1.0k international-$ in 2021 prices2020: 1.1k international-$ in 2021 prices2021: 1.2k international-$ in 2021 prices

Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea is 1,153 international-$ in 2021 prices, measured in 2021. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 1.5% on the previous year and up 50.5% over ten years.

Over the whole period, threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea peaked at 1,153 international-$ in 2021 prices in 2021 and was at its lowest, 763.26 international-$ in 2021 prices, in 2008.

That places South Korea 18th out of 47 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 767.66 international-$ in 2021 prices 763.26 international-$ in 2021 prices 772.07 international-$ in 2021 prices 2
2010s 894.08 international-$ in 2021 prices 766.27 international-$ in 2021 prices 1,047 international-$ in 2021 prices 7
2020s 1,145 international-$ in 2021 prices 1,136 international-$ in 2021 prices 1,153 international-$ in 2021 prices 2

Countries ranked near South Korea

  1. 15 Sweden 1,362 international-$ in 2021 prices compare
  2. 16 France 1,355 international-$ in 2021 prices compare
  3. 17 United Kingdom 1,344 international-$ in 2021 prices compare
  4. 19 Spain 1,083 international-$ in 2021 prices compare
  5. 20 Czechia 1,066 international-$ in 2021 prices compare
  6. 21 Japan 1,032 international-$ in 2021 prices compare

See the full ranking of 47 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea?
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in South Korea was 1,153 international-$ in 2021 prices in 2021, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
What is the highest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in South Korea?
The highest recorded value was 1,153 international-$ in 2021 prices in 2021.
What is the lowest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in South Korea?
The lowest recorded value was 763.26 international-$ in 2021 prices in 2008.
How does South Korea rank for threshold income per month marking the poorest decile, the median, and the richest decile (after tax)?
South Korea ranks 18th out of 47 countries with data for 2021.
Is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) rising or falling in South Korea?
Over the last ten years it is up 50.5%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Threshold income per month marking the poorest decile, the median, and the richest decile (after tax). Statizoid updates them automatically from the source API.

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About this data

Indicator
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax)
Unit
international-$ in 2021 prices
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,030 data points, 1963–2024
Last refreshed

The level of income per month below which 10% of the population falls.