Relative poverty rate (50% of median income, by age)

Name: Relative poverty rate (50% of median income, by age)
Creator: OECD

OECDPeriod 2014~2023Retrieved 2026-11-09

Share of people whose disposable income is below half the median. The rate for older people (66+) is especially high.

2014: 18.1% → 2023: 14.9% (down 3.2 pp). Highest: 2014 (18.1%).

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Relative poverty rate (50% of median income, by age) · 2014~2023 (unit: %)
Year	Total	Under 18	18–65	66+
2014	18.1	16.3	13.6	45.9
2015	17.4	15.8	12.7	44.2
2016	17.4	15.1	12.7	44.8
2017	17.0	13.7	12.3	43.8
2018	16.5	12.2	11.5	43.3
2019	16.1	10.3	10.9	43.2
2020	15.1	9.5	10.3	40.5
2021	14.8	9.6	10.1	39.3
2022	14.9	9.5	10.0	39.7
2023	14.9	8.5	9.8	39.8

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OECD. (2026). Income distribution database (IDD): Korea [Data set]. OECD Data Explorer. Retrieved November 9, 2026, from https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_WISE_IDD%40DF_IDD&df[ag]=OECD.WISE.INE

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