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Korea Income Share Bottom 10%

Income share held by lowest 10%  SI.DST.FRST.10

Korea's income share bottom 10% was 2.90% in 2021, ranked 38th globally. This represents a 6.5% decrease from 2020. Data from World Bank, covering 2006–2021.

2.90% −0.20pp (-6.5%)
Year 2021 Rank #38 Global Peak 3.10% (2020) Source World Bank

Korea Income Share Bottom 10% (2006–2021)

Overview

Korea's income share bottom 10% stood at 2.90% in 2021, a decline of +0.20pp from 2020. Korea ranked 38th globally.

South Korea’s share of national income accruing to the bottom 10 percent of earners stood at 2.90 percent in 2021, placing the country 38th in the world according to World Bank data. The indicator has shown modest volatility over the 11‑year span from 2006, rising from an early‑year level of 2.80 percent to a peak of 3.10 percent in 2020 before slipping to a trough of 2.50 percent in 2017. This pattern suggests that the recent post‑pandemic rebound lifted the lowest‑decile share, yet the figure remains comparable to peers such as Kenya, Madagascar and France, each recording 2.90 percent in the same year. The modest upward swing since the 2017 low indicates incremental progress in income redistribution, but sustaining a higher share will likely depend on policies that enhance low‑wage employment, strengthen social safety nets, and promote inclusive growth.

Data & projection

Year Income Share Bottom 10% YoY change Rank
2021 2.90% −0.20pp #38
2020 3.10% +0.20pp #25
2019 2.90% +0.20pp #38
2018 2.70% +0.20pp #52
2017 2.50% +0.00pp #43
2016 2.50% −0.30pp #49
2014 2.80% +0.10pp #42
2012 2.70% +0.00pp #45
2010 2.70% +0.00pp #44
2008 2.70% −0.10pp #40
2006 2.80% – #39

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.6% GDP growth 5.2% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Korea matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw income share bottom 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Korea's income share bottom 10%?▾

Korea's income share bottom 10% was 2.90% in 2021. Ranked 38th globally. This represents a 6.5% decrease from the previous year.

What was the highest income share bottom 10% in Korea?▾

Korea's income share bottom 10% peaked at 3.10% in 2020.

What was the lowest income share bottom 10% in Korea?▾

The lowest income share bottom 10% in Korea was 2.50% in 2016.

How does Korea rank in income share bottom 10%?▾

Korea ranks 38th globally in income share bottom 10% as of 2021.

What is the World Bank indicator code for income share bottom 10%?▾

The World Bank indicator code is SI.DST.FRST.10. Data sourced from World Bank.

What is the income share bottom 10% of Korea in 2021?▾

The income share bottom 10% of Korea in 2021 was 2.90%. This ranks 38th in the world.

Cite this page

APA
Korea Income Share Bottom 10%. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/korea/income-bottom-10/
BibTeX
@misc{historysaid_korea_income-bottom-10, title = {Korea Income Share Bottom 10%}, url = {https://historysaid.com/korea/income-bottom-10/}, publisher = {HistorySaid}, year = {2026} }
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