Australia vs Republic of Korea: Median income or consumption per day (2011 prices)

Australia
47.48 international-$ in 2011 prices
in 2018
Republic of Korea
49.8 international-$ in 2011 prices
in 2021
Australia rank
15th
Republic of Korea rank
12th

Median income or consumption per day (2011 prices) over time

  • Australia
  • Republic of Korea
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How they compare

Republic of Korea currently reports 49.8 international-$ in 2011 prices against 47.48 international-$ in 2011 prices in Australia, a difference of 2.32 international-$ in 2011 prices.

Across all 5 years both countries report, Australia has been ahead every year.

Australia ranks 15th and Republic of Korea ranks 12th of 119 countries.

Australia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Australia Republic of Korea Difference Ahead
2000s 43.18 international-$ in 2011 prices 31.48 international-$ in 2011 prices 11.71 international-$ in 2011 prices Australia
2010s 46.16 international-$ in 2011 prices 38.17 international-$ in 2011 prices 7.99 international-$ in 2011 prices Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher median income or consumption per day (2011 prices), Australia or Republic of Korea?
Republic of Korea, at 49.8 international-$ in 2011 prices against 47.48 international-$ in 2011 prices in Australia as of 2021.
What is the difference in median income or consumption per day (2011 prices) between Australia and Republic of Korea?
2.32 international-$ in 2011 prices, with Republic of Korea ahead.
How many years of comparable data are there for Australia and Republic of Korea?
5 years are reported by both, from 2008 to 2018.
How do Australia and Republic of Korea rank globally for median income or consumption per day (2011 prices)?
Australia ranks 15th and Republic of Korea ranks 12th of 119 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as Median income or consumption per day (2011 prices). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Republic of Korea: Median income or consumption per day (2011 prices). Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/median-income-or-consumption-per-day-2011-prices/australia/korea-rep/

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About this data

Indicator
Median income or consumption per day (2011 prices)
Unit
international-$ in 2011 prices
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

The median is the value of income or consumption below which 50% of the population live.