South Korea household income Archives | Be Korea-savvy
Gap Between Rich and Poor South Koreans Increasing

Gap Between Rich and Poor South Koreans Increasing

SEOUL, March 13 (Korea Bizwire) — Income polarization deepened in 2017 with high income earners making more while low income earners brought in less. In addition, while individual income fluctuated by small margins, average household income and consumption fell. These conclusions were derived from a report published by Shinhan Bank that conducted research on the [...]