Income share of the richest 1% (before tax) in South Korea

South Korea: Income share of the richest 1% (before tax) was 14.1% in 2022. ▲ Rising

Latest (2022)
14.1%
Change on year
up 0.9%
World rank
61st
of 113 countries
All-time high
17.0%
in 2011
All-time low
5.6%
in 1996
Years of data
20
1982–2022

Income share of the richest 1% (before tax) in South Korea, 1982–2022

57.51012.51517.51982200220221982: 7.6 %1991: 8.4 %1996: 5.6 %2000: 6.7 %2007: 13.7 %2008: 14.4 %2009: 14.8 %2010: 16.8 %2011: 17 %2012: 16.9 %2013: 13.8 %2014: 14.8 %2015: 15.8 %2016: 15.9 %2017: 16.4 %2018: 15.7 %2019: 13.4 %2020: 13.4 %2021: 14 %2022: 14.1 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

South Korea recorded 14.1% for income share of the richest 1% (before tax) 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, income share of the richest 1% (before tax) in South Korea peaked at 17.0% in 2011 and was at its lowest, 5.6%, 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.

Income share of the richest 1% (before tax) in South Korea, year by year

Annual values for Income share of the richest 1% (before tax) in South Korea, 1982 to 2022.
Year % Change
1982 7.6%
1991 8.4% +9.4%
1996 5.6% -32.8%
2000 6.7% +19.4%
2007 13.7% +103.7%
2008 14.4% +5.3%
2009 14.8% +3.2%
2010 16.8% +13.2%
2011 17.0% +1.2%
2012 16.9% -0.4%
2013 13.8% -18.8%
2014 14.8% +7.3%
2015 15.8% +7.2%
2016 15.9% +0.2%
2017 16.4% +3.2%
2018 15.7% -4.2%
2019 13.4% -14.6%
2020 13.4% +0.2%
2021 14.0% +4.1%
2022 14.1% +0.9%

South Korea compared with similar countries

  • South Korea's 14.1% is above the median for high income countries, which is 11.8%, 1.2× the median. (45 countries reporting)
  • South Korea's 14.1% is below the median for East Asia & Pacific, which is 16.1%, 88% of the median. (14 countries reporting)

Biggest year-on-year movements

Years where Income share of the richest 1% (before tax) 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.

YearChange FromTo
2007 +103.7% 6.7% 13.7%
1996 -32.8% 8.4% 5.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.6% 7.6% 7.6% 1
1990s 7.0% 5.6% 8.4% 2
2000s 12.4% 6.7% 14.8% 4
2010s 15.7% 13.4% 17.0% 10
2020s 13.8% 13.4% 14.1% 3

Countries ranked near South Korea

  1. 58 Romania 14.5% compare
  2. 59 Singapore 14.2% compare
  3. 60 Niger 14.1% compare
  4. 62 Togo 14.1% compare
  5. 63 China 14.0% compare
  6. 64 Madagascar 14.0% compare

See the full ranking of 113 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is income share of the richest 1% (before tax) in South Korea?
Income share of the richest 1% (before tax) in South Korea was 14.1% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1% (before tax) recorded in South Korea?
The highest recorded value was 17.0% in 2011.
What is the lowest income share of the richest 1% (before tax) recorded in South Korea?
The lowest recorded value was 5.6% in 1996.
How does South Korea rank for income share of the richest 1% (before tax)?
South Korea ranks 61st out of 113 countries with data for 2022.
Is income share of the richest 1% (before tax) 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 World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1% (before tax). Statizoid updates them automatically from the source API.

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Income share of the richest 1% (before tax) in South Korea. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/incomes-of-the-richest/korea-rep/

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About this data

Indicator
Income share of the richest 1% (before tax)
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed

Share of income received by the richest 1%. Income here is measured before taxes and benefits.