{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"2006-01-01","value":1.18697},{"date":"2008-01-01","value":1.22423},{"date":"2010-01-01","value":1.20166},{"date":"2012-01-01","value":1.17193},{"date":"2014-01-01","value":1.14905},{"date":"2016-01-01","value":1.43434},{"date":"2017-01-01","value":1.40625},{"date":"2018-01-01","value":1.32026},{"date":"2019-01-01","value":1.28849},{"date":"2020-01-01","value":1.26518},{"date":"2021-01-01","value":1.26831}],"summary":{"latest_period":"2021-01-01","latest_value":1.26831,"max":1.43434,"mean":1.26515,"min":1.14905,"of":120,"rank":74,"trend":"rising"}}