Korea - Poverty gap

Poverty gap at $1.90 a day (2011 PPP) (%)

Poverty gap at $1.90 a day (2011 PPP) (%) in Korea was 0.000 as of 2016. Its highest value over the past 10 years was 0.200 in 2010, while its lowest value was 0.000 in 2016.

Definition: Poverty gap at $1.90 a day (2011 PPP) is the mean shortfall in income or consumption from the poverty line $1.90 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.

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 0.200
2008 0.200
2010 0.200
2012 0.100
2014 0.100
2016 0.000

Poverty gap at $3.20 a day (2011 PPP) (%)

The value for Poverty gap at $3.20 a day (2011 PPP) (%) in Korea was 0.100 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 0.300 in 2010 and a minimum value of 0.100 in 2016.

Definition: Poverty gap at $3.20 a day (2011 PPP) is the mean shortfall in income or consumption from the poverty line $3.20 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.

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 0.300
2008 0.300
2010 0.300
2012 0.200
2014 0.200
2016 0.100

Poverty gap at $5.50 a day (2011 PPP) (%)

The value for Poverty gap at $5.50 a day (2011 PPP) (%) in Korea was 0.300 as of 2016. As the graph below shows, over the past 10 years this indicator reached a maximum value of 0.600 in 2010 and a minimum value of 0.300 in 2016.

Definition: Poverty gap at $5.50 a day (2011 PPP) is the mean shortfall in income or consumption from the poverty line $5.50 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.

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 0.500
2008 0.500
2010 0.600
2012 0.500
2014 0.400
2016 0.300

Classification

Topic: Poverty Indicators

Sub-Topic: Poverty rates