Threshold income marking the poorest decile vs mean income wb in Korea

Korea: Threshold income marking the poorest decile vs mean income wb was 24.56 in 2021. ▲ Rising

Latest (2021)
24.56
Change on year
up 2.4%
World rank
21st
of 120 countries
All-time high
24.56
in 2021
All-time low
15.02
in 2006
Years of data
11
2006–2021

Threshold income marking the poorest decile vs mean income wb in Korea, 2006–2021

05101520252006201320212006: 152008: 15.12010: 15.82012: 16.62014: 17.72016: 18.22017: 19.22018: 20.72019: 22.22020: 242021: 24.6

Source: Our World in Data.

Analysis

In 2021, threshold income marking the poorest decile vs mean income wb in Korea stood at 24.56. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 2.4% on the previous year and up 55.4% over ten years.

Over the whole period, threshold income marking the poorest decile vs mean income wb in Korea peaked at 24.56 in 2021 and was at its lowest, 15.02, in 2006.

Korea ranks 21st of 120 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.07 15.02 15.12 2
2010s 18.64 15.81 22.21 7
2020s 24.27 23.98 24.56 2

Countries ranked near Korea

  1. 18 Sweden 26.45 compare
  2. 19 United States of America 26.29 compare
  3. 20 United Kingdom of Great Britain and Northern Ireland 25.67 compare
  4. 22 Chinese Taipei 24.47 compare
  5. 23 Czechia 21.95 compare
  6. 24 Italy 20.63 compare

See the full ranking of 120 places →

More reference data data for Korea

All data for Korea →

Frequently asked questions

What is threshold income marking the poorest decile vs mean income wb in Korea?
Threshold income marking the poorest decile vs mean income wb in Korea was 24.56 in 2021, according to Our World in Data.
What is the highest threshold income marking the poorest decile vs mean income wb recorded in Korea?
The highest recorded value was 24.56 in 2021.
What is the lowest threshold income marking the poorest decile vs mean income wb recorded in Korea?
The lowest recorded value was 15.02 in 2006.
How does Korea rank for threshold income marking the poorest decile vs mean income wb?
Korea ranks 21st out of 120 countries with data for 2021.
Is threshold income marking the poorest decile vs mean income wb rising or falling in Korea?
Over the last ten years it is up 55.4%. The long-run trend across the full record is rising.
Where does this Korea data come from?
The figures come from Our World in Data, published as part of Threshold income marking the poorest decile vs mean income wb. Statizoid updates them automatically from the source API.

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Threshold income marking the poorest decile vs mean income wb in Korea. Statizoid, drawing on Our World in Data. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/threshold-income-marking-the-poorest-decile-vs-mean-income-wb/korea-rep/

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About this data

Indicator
Threshold income marking the poorest decile vs mean income wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed