Republic of Korea - Poverty headcount ratio at $3.2 a day based on purchasing-power-parity

0.2 (%) in 2016

In 2016, poverty ratio at $3.2 a day for Republic of Korea was 0.2 %. Poverty ratio at $3.2 a day of Republic of Korea fell gradually from 0.5 % in 2008 to 0.2 % in 2016.

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What is poverty ratio at $3.2 a day?

Poverty headcount ratio at $3.20 a day is the percentage of the population living on less than $3.20 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.

What is Republic of Korea poverty ratio at $3.2 a day?