Incomes of the richest in South Korea
South Korea: Incomes of the richest was 14.11 in 2022. ▲ Rising
Incomes of the richest in South Korea, 1982–2022
Source: Our World in Data.
Analysis
South Korea recorded 14.11 for incomes of the richest in 2022.
That represents a change of up 0.9% on the previous year and down 16.8% over ten years.
Over the whole period, incomes of the richest in South Korea peaked at 17.01 in 2011 and was at its lowest, 5.62, in 1996.
South Korea ranks 61st of 113 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Incomes of the richest in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 7.64 | — |
| 1991 | 8.36 | +9.4% |
| 1996 | 5.62 | -32.8% |
| 2000 | 6.71 | +19.4% |
| 2007 | 13.67 | +103.7% |
| 2008 | 14.39 | +5.3% |
| 2009 | 14.85 | +3.2% |
| 2010 | 16.81 | +13.2% |
| 2011 | 17.01 | +1.2% |
| 2012 | 16.95 | -0.4% |
| 2013 | 13.77 | -18.8% |
| 2014 | 14.78 | +7.3% |
| 2015 | 15.85 | +7.2% |
| 2016 | 15.88 | +0.2% |
| 2017 | 16.39 | +3.2% |
| 2018 | 15.7 | -4.2% |
| 2019 | 13.4 | -14.6% |
| 2020 | 13.43 | +0.2% |
| 2021 | 13.98 | +4.1% |
| 2022 | 14.11 | +0.9% |
South Korea compared with similar countries
- South Korea's 14.11 is above the median for high income countries, which is 11.84, 1.2× the median. (45 countries reporting)
- South Korea's 14.11 is below the median for East Asia & Pacific, which is 16.07, 88% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Incomes of the richest in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +103.7% | 6.71 | 13.67 |
| 1996 | -32.8% | 8.36 | 5.62 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.64 | 7.64 | 7.64 | 1 |
| 1990s | 6.99 | 5.62 | 8.36 | 2 |
| 2000s | 12.4 | 6.71 | 14.85 | 4 |
| 2010s | 15.65 | 13.4 | 17.01 | 10 |
| 2020s | 13.84 | 13.43 | 14.11 | 3 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is incomes of the richest in South Korea?
- Incomes of the richest in South Korea was 14.11 in 2022, according to Our World in Data.
- What is the highest incomes of the richest recorded in South Korea?
- The highest recorded value was 17.01 in 2011.
- What is the lowest incomes of the richest recorded in South Korea?
- The lowest recorded value was 5.62 in 1996.
- How does South Korea rank for incomes of the richest?
- South Korea ranks 61st out of 113 countries with data for 2022.
- Is incomes of the richest rising or falling in South Korea?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Incomes of the richest. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).