Korea - Income distribution

Income share held by second 20%

The value for Income share held by second 20% in Korea was 13.00 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 13.10 in 2014 and a minimum value of 12.80 in 2008.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 12.90
2008 12.80
2010 12.90
2012 13.00
2014 13.10
2016 13.00

Income share held by third 20%

The value for Income share held by third 20% in Korea was 17.40 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 17.50 in 2012 and a minimum value of 17.20 in 2008.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 17.50
2008 17.20
2010 17.30
2012 17.50
2014 17.40
2016 17.40

Income share held by fourth 20%

The value for Income share held by fourth 20% in Korea was 23.00 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 23.20 in 2012 and a minimum value of 23.00 in 2008.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 23.10
2008 23.00
2010 23.10
2012 23.20
2014 23.10
2016 23.00

Income share held by highest 20%

The value for Income share held by highest 20% in Korea was 39.10 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 39.70 in 2008 and a minimum value of 38.90 in 2014.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 39.20
2008 39.70
2010 39.40
2012 39.00
2014 38.90
2016 39.10

Income share held by highest 10%

The value for Income share held by highest 10% in Korea was 24.00 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 24.50 in 2008 and a minimum value of 23.60 in 2014.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 24.00
2008 24.50
2010 24.20
2012 23.80
2014 23.60
2016 24.00

Income share held by lowest 10%

The value for Income share held by lowest 10% in Korea was 2.80 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 2.80 in 2016 and a minimum value of 2.60 in 2008.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

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Year Value
2006 2.70
2008 2.60
2010 2.60
2012 2.60
2014 2.80
2016 2.80

Income share held by lowest 20%

The value for Income share held by lowest 20% in Korea was 7.50 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 7.50 in 2016 and a minimum value of 7.20 in 2008.

Definition: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.

Source: World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For mor

See also:

Year Value
2006 7.30
2008 7.20
2010 7.30
2012 7.30
2014 7.50
2016 7.50

Classification

Topic: Poverty Indicators

Sub-Topic: Income distribution