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Korea's Senior Poverty Rate Is the Highest in the OECD

Recent Blog Posts - Wed, 2026-08-26 08:18

An infographic ranking countries by senior poverty rate has been circulating this week, with South Korea at the top by a wide margin. The number holds up. Statistics Korea and the OECD's own Income Distribution Database agree that 39.8 percent of Koreans aged 65 and older lived on less than half the national median income in 2023, the highest rate among all OECD members and more than two and a half times the OECD average.

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