Korea, Rep.—Income Share, Bottom 10%
Korea, Rep.'s income share, bottom 10% was 2.9% in 2021, ranking #55 out of 109 countries. This represents a -6.5% change from 2020. Over the past 11 years, the highest recorded value was 3.1% (2020) and the lowest was 2.5% (2016). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 2.9% | -6.5% |
| 2020 | 3.1% | +6.9% |
| 2019 | 2.9% | +7.4% |
| 2018 | 2.7% | +8.0% |
| 2017 | 2.5% | +0.0% |
| 2016 | 2.5% | -10.7% |
| 2014 | 2.8% | +3.7% |
| 2012 | 2.7% | +0.0% |
| 2010 | 2.7% | +0.0% |
| 2008 | 2.7% | -3.6% |
| 2006 | 2.8% |
Top Countries — Income Share, Bottom 10%
| # | Country | Value | Year |
|---|---|---|---|
| 1 | India | 4.5% | 2022 |
| 2 | Belarus | 4.5% | 2020 |
| 3 | Kyrgyz Republic | 4.3% | 2023 |
| 4 | Kazakhstan | 4.3% | 2021 |
| 5 | Ukraine | 4.3% | 2020 |
| 6 | Moldova | 4.3% | 2023 |
| 7 | Egypt, Arab Rep. | 4.2% | 2021 |
| 8 | Slovenia | 4.1% | 2023 |
| 9 | Tonga | 4.0% | 2021 |
| 10 | Armenia | 4.0% | 2023 |
About This Indicator
Definition
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
Methodology
Data compiled by World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org., World Bank (WB), uri: http://pip.worldbank.org, note: Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database..