South Korea Income Share of Richest 1% Before Tax 2022: 14.11 %
South Korea's income share of richest 1% before tax in 2022 is 14.11 %, up 0.9% from 2021. It ranks #25 of 56 countries.
Income share of the richest 1% before tax reveals wealth concentration across nations. High interest due to inequality debates.
Source (2022): Income share of the richest 1% (before tax)
Where South Korea ranks (2022)
#25 of 56- #23
El Salvador14.75% - #24
Romania14.46% - #25
South Korea14.11% - #26
Germany13.28% - #27
Malaysia13%
Income Share of Richest 1% Before Tax over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2022 | 14.11 % | +0.13 % | +0.93% | |
| 2021 | 13.98 % | +0.55 % | +4.10% | |
| 2020 | 13.43 % | +0.03 % | +0.22% | |
| 2019 | 13.4 % | 2.3 % | -14.65% | |
| 2018 | 15.7 % | 0.69 % | -4.21% | |
| 2017 | 16.39 % | +0.51 % | +3.21% | |
| 2016 | 15.88 % | +0.03 % | +0.19% | |
| 2015 | 15.85 % | +1.07 % | +7.24% | |
| 2014 | 14.78 % | +1.01 % | +7.33% | |
| 2013 | 13.77 % | 3.18 % | -18.76% | |
| 2012 | 16.95 % | 0.06 % | -0.35% | |
| 2011 | 17.01 % | +0.2 % | +1.19% | |
| 2010 | 16.81 % | +1.96 % | +13.20% | |
| 2009 | 14.85 % | +0.46 % | +3.20% | |
| 2008 | 14.39 % | +0.72 % | +5.27% | |
| 2007 | 13.67 % | — | — |
Frequently Asked Questions About South Korea Income Share of Richest 1% Before Tax
What is South Korea's income share of richest 1% before tax in 2022?▾
South Korea's income share of richest 1% before tax is 14.11 % in 2022, according to Income share of the richest 1% (before tax) | World Inequality Database (WID.world) via Our World in Data.
Is South Korea's income share of richest 1% before tax increasing or decreasing?▾
South Korea's income share of richest 1% before tax rose by 0.9% from 2021 (13.98 %) to 2022 (14.11 %). Over the past decade (2012–2022) it fell by 16.8%.
How does South Korea rank for income share of richest 1% before tax?▾
In 2022, South Korea has the 25th highest income share of richest 1% before tax out of 56 countries with data.
What was South Korea's income share of richest 1% before tax in 2007?▾
In 2007, South Korea's income share of richest 1% before tax was 13.67 %. By 2022 it rose by 3.2%.
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