Relative poverty rate of the elderly South Korea 2014-2021

Published by L. Yoon, Apr 25, 2024
In 2021, more than 39 percent of people over 65 years in South Korea were living in relative poverty. This was one of the highest rates among member states of the Organization for Economic Co-operation and Development (OECD).

Relative poverty rate of people aged over 65 years in South Korea from 2014 to 2021

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Release date

September 2023

Region

South Korea

Survey time period

2014 to 2021

Age group

66 years and older

Supplementary notes

The relative poverty rate refers to the proportion of people living below the relative poverty threshold, which is equivalent to half the median disposable income.

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