Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Gini coefficient of South Korea 2007-2017

Gini coefficient of after-tax income in South Korea from 2007 to 2017

by Won So, last edited Aug 9, 2019
Gini coefficient of South Korea 2007-2017 The Gini coefficient is a number between zero and one that measures the relative degree of inequality in the distribution of income of a country. With a Gini coefficient of 0.36 on after-tax income in 2017, South Korea’s relative inequality is on the lower end of the scale. A coefficient of zero would describe a population in which every person receives the same adjusted household income. In contrast, a coefficient of one describes the case of maximum income inequality, where one person receives all the income and the rest received none.
Income distribution and disparity

As an indicator for economic growth, the economically active population in South Korea has been increasing over the past decade. Additionally, recent figures estimate net disposable income in South Korea has been growing over the past 20 years. There are still, however, disparities in wealth among South Koreans. The wealthiest ten percent of the South Korean population had an average monthly income of around 9.95 billion South Korean won – over 10 times greater than the poorest 10 percent of the population.

How wealthy is the country?

Although the Gini coefficient is a common indicator for economic equality, a low Gini index does not necessarily correlate to overall wealth of the country. The national net worth of a country is dependent on many factors, including the country’s equity, real estate prices, liabilities, exchange rates, human resources and natural resources. In terms of overall wealth, South Korea ranked among the top 20 countries across the world as of 2019.
Show more

Gini coefficient of after-tax income in South Korea from 2007 to 2017

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "South Korea"
  • Population
The most important statistics
  • Economy
  • National finances
  • The two Koreas
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.