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Table 1 Measurement of income inequality and wealth inequality, 2017

From: A new approach to social inequality: inequality of income and wealth in South Korea

 

Survey data

Linked data

Income

 Median

3,698

3,966

 Maximum

102,400

161,310

 Gini coefficient

.4236

.4416

 Share by top 10%

.2883

.3165

 Share by top 20%

.4598

.4901

 p90/p10

12.5800

12.3469

 Palma ratio

2.4542

2.6421

Wealth

 Median

21,482

21,482

 Maximum

2,670,220

2,670,220

 Gini coefficient

.5738

.5738

 Share by top 10%

.4389

.4389

 Share by top 20%

.6147

.6147

 p90/p10

55.6727

55.6727

 Palma ratio

7.2046

7.2046

  1. Note: The unit of income and wealth is 10 thousand Won, which is equivalent to roughly 9 US Dollars. The linked data use information about income from the tax agency, but it uses information about wealth from the survey data