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South Korea Gini Index

South Korea's gini index rose to 32.9 points in 2021, up from 32.7 points in 2020, according to World Bank. This represents an increase of 0.6% (0.2) from the previous year. South Korea has gini index lower than the global median (32.90 points vs median 34.60 points). Compared with the median in Asia, South Korea is lower (32.90 points vs regional median 33.15 points) and ranks 16th out of 30 countries in Asia. Gini Index measures income or consumption inequality in South Korea for the reference period, scaled 0 to 100 where higher values indicate greater inequality.

South Korea's poverty rate rose to 0.2% in 2021, up from 0% in 2020.

Yearly Historical Data (2006-2021)

(in 0 (perfect equality) to 100 (perfect inequality))
Year Gini Index
2021 32.9
2020 32.7
2019 33.2
2018 33.7
2017 34.9
2016 35.2
2014 31.2
2012 31.6
2010 32
2008 32.3
2006 31.7
Indicator Last Value Prior Value Period
Adult Literacy Rate 98.8% 98% 2018
Happiness Index 6.04 points 6.06 points 2024
Homicide Rate 0.52 0.59 2021
Population 51.75M 51.71M 2024
Poverty Rate 0.2% 0% 2021
Primary Enrollment Rate 99.03% 98.68% 2022