South Korea—Poverty at $3.00/day (2021 PPP, %)
South Korea's poverty at $3.00/day (2021 PPP, %) was 0.1% in 2021, ranking #100 out of 116 countries. This represents a +0.0% change from 2020. Over the past 11 years, the highest recorded value was 0.5% (2006) and the lowest was 0.1% (2020). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 0.1% | +0.0% |
| 2020 | 0.1% | -50.0% |
| 2019 | 0.2% | +0.0% |
| 2018 | 0.2% | +0.0% |
| 2017 | 0.2% | +0.0% |
| 2016 | 0.2% | -33.3% |
| 2014 | 0.3% | -40.0% |
| 2012 | 0.5% | +0.0% |
| 2010 | 0.5% | +0.0% |
| 2008 | 0.5% | +0.0% |
| 2006 | 0.5% |
Top Countries — Poverty at $3.00/day (2021 PPP, %)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | DR Congo | 85.3% | 2020 |
| 2 | Mozambique | 81.4% | 2022 |
| 3 | Burundi | 74.2% | 2020 |
| 4 | Zambia | 71.7% | 2022 |
| 5 | Central African Republic | 71.6% | 2021 |
| 6 | Madagascar | 69.2% | 2021 |
| 7 | Niger | 60.5% | 2021 |
| 8 | Uganda | 54.4% | 2023 |
| 9 | Kenya | 45.5% | 2022 |
| 10 | Burkina Faso | 42.1% | 2021 |
About This Indicator
Definition
Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Methodology
Original contributors: 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.
Unit
% of population