Palma ratio wid in South Korea

South Korea: Palma ratio wid was 3.36 in 2022. ▲ Rising

Latest (2022)
3.36
Change on year
down 1.8%
World rank
77th
of 113 countries
All-time high
3.42
in 2021
All-time low
1.48
in 1996
Years of data
20
1982–2022

Palma ratio wid in South Korea, 1982–2022

01231982200220221982: 2.11991: 1.81996: 1.52000: 1.92007: 2.82008: 2.92009: 2.72010: 32011: 2.92012: 2.82013: 2.62014: 2.72015: 2.82016: 3.22017: 3.42018: 3.32019: 3.32020: 3.32021: 3.42022: 3.4

Source: Our World in Data.

Analysis

South Korea recorded 3.36 for palma ratio wid in 2022.

The figure is down 1.8% on the previous year and up 20.4% over ten years.

Over the whole period, palma ratio wid in South Korea peaked at 3.42 in 2021 and was at its lowest, 1.48, in 1996.

South Korea ranks 77th 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.

Palma ratio wid in South Korea, year by year

Annual values for Palma ratio wid in South Korea, 1982 to 2022.
Year Value Change
1982 2.13 —
1991 1.76 -17.3%
1996 1.48 -15.9%
2000 1.89 +28.2%
2007 2.77 +46.3%
2008 2.87 +3.5%
2009 2.75 -4.2%
2010 2.99 +8.8%
2011 2.89 -3.2%
2012 2.79 -3.5%
2013 2.64 -5.4%
2014 2.69 +1.6%
2015 2.77 +3.2%
2016 3.22 +16.4%
2017 3.39 +5.2%
2018 3.35 -1.4%
2019 3.27 -2.4%
2020 3.34 +2.2%
2021 3.42 +2.6%
2022 3.36 -1.8%

South Korea compared with similar countries

  • South Korea's 3.36 is above the median for high income countries, which is 2.75, 1.2× the median. (45 countries reporting)
  • South Korea's 3.36 is below the median for East Asia & Pacific, which is 4.77, 71% of the median. (14 countries reporting)

Biggest year-on-year movements

Years where Palma ratio wid 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 +46.3% 1.89 2.77

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.13 2.13 2.13 1
1990s 1.62 1.48 1.76 2
2000s 2.57 1.89 2.87 4
2010s 3 2.64 3.39 10
2020s 3.37 3.34 3.42 3

Countries ranked near South Korea

  1. 74 Canada 3.53 compare
  2. 75 Serbia 3.51 compare
  3. 76 Seychelles 3.45 compare
  4. 78 Australia 3.33 compare
  5. 79 Albania 3.24 compare
  6. 80 Latvia 3.21 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 palma ratio wid in South Korea?
Palma ratio wid in South Korea was 3.36 in 2022, according to Our World in Data.
What is the highest palma ratio wid recorded in South Korea?
The highest recorded value was 3.42 in 2021.
What is the lowest palma ratio wid recorded in South Korea?
The lowest recorded value was 1.48 in 1996.
How does South Korea rank for palma ratio wid?
South Korea ranks 77th out of 113 countries with data for 2022.
Is palma ratio wid rising or falling in South Korea?
Over the last ten years it is up 20.4%. 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 Palma ratio wid. 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).

Share, cite or embed this page

Cite this page

Palma ratio wid in South Korea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wid/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 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/palma-ratio-wid/korea-rep/">Palma ratio wid in South Korea</a> — Statizoid

About this data

Indicator
Palma ratio wid
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed