Income share top 1 before tax wid extrapolations in Republic of Korea
Republic of Korea: Income share top 1 before tax wid extrapolations was 14.11 in 2022. ▲ Rising
Income share top 1 before tax wid extrapolations in Republic of Korea, 1982–2022
Source: Our World in Data.
Analysis
In 2022, income share top 1 before tax wid extrapolations in Republic of Korea stood at 14.11.
Compared with earlier readings it is up 0.9% on the previous year and down 16.8% over ten years.
Over the whole period, income share top 1 before tax wid extrapolations in Republic of Korea peaked at 17.01 in 2011 and was at its lowest, 5.62, in 1996.
That places Republic of Korea 61st out of 113 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Income share top 1 before tax wid extrapolations in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 7.64 | — |
| 1991 | 8.36 | +9.4% |
| 1996 | 5.62 | -32.8% |
| 2000 | 6.71 | +19.4% |
| 2007 | 13.67 | +103.7% |
| 2008 | 14.39 | +5.3% |
| 2009 | 14.85 | +3.2% |
| 2010 | 16.81 | +13.2% |
| 2011 | 17.01 | +1.2% |
| 2012 | 16.95 | -0.4% |
| 2013 | 13.77 | -18.8% |
| 2014 | 14.78 | +7.3% |
| 2015 | 15.85 | +7.2% |
| 2016 | 15.88 | +0.2% |
| 2017 | 16.39 | +3.2% |
| 2018 | 15.7 | -4.2% |
| 2019 | 13.4 | -14.6% |
| 2020 | 13.43 | +0.2% |
| 2021 | 13.98 | +4.1% |
| 2022 | 14.11 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.64 | 7.64 | 7.64 | 1 |
| 1990s | 6.99 | 5.62 | 8.36 | 2 |
| 2000s | 12.4 | 6.71 | 14.85 | 4 |
| 2010s | 15.65 | 13.4 | 17.01 | 10 |
| 2020s | 13.84 | 13.43 | 14.11 | 3 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 488.33 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17.69 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
Frequently asked questions
- What is income share top 1 before tax wid extrapolations in Republic of Korea?
- Income share top 1 before tax wid extrapolations in Republic of Korea was 14.11 in 2022, according to Our World in Data.
- What is the highest income share top 1 before tax wid extrapolations recorded in Republic of Korea?
- The highest recorded value was 17.01 in 2011.
- What is the lowest income share top 1 before tax wid extrapolations recorded in Republic of Korea?
- The lowest recorded value was 5.62 in 1996.
- How does Republic of Korea rank for income share top 1 before tax wid extrapolations?
- Republic of Korea ranks 61st out of 113 countries with data for 2022.
- Is income share top 1 before tax wid extrapolations rising or falling in Republic of Korea?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Our World in Data, published as part of Income share top 1 before tax wid extrapolations. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).