*Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.
1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.
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Income distribution of millionaires South Korea in 2020, by type
According to a survey conducted in South Korea in December 2020, about ** percent of millionaires surveyed who earned less than ** million South Korean won a year stated that they drew their income from properties and interests. About ** percent of millionaires who earned *** million South Korean won or more annually reported drawing their income from business activities.
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Hana Institute of Finance. (March 8, 2021). Distribution of annual income of millionaire households in South Korea in 2020, by type (in million South Korean won) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/
Hana Institute of Finance. "Distribution of annual income of millionaire households in South Korea in 2020, by type (in million South Korean won)." Chart. March 8, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/
Hana Institute of Finance. (2021). Distribution of annual income of millionaire households in South Korea in 2020, by type (in million South Korean won). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/
Hana Institute of Finance. "Distribution of Annual Income of Millionaire Households in South Korea in 2020, by Type (in Million South Korean Won)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 Mar 2021, /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/
Hana Institute of Finance, Distribution of annual income of millionaire households in South Korea in 2020, by type (in million South Korean won) ÌÇÐÄÆƽâ°æ, /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/ (last visited July 30, 2026)
Distribution of annual income of millionaire households in South Korea in 2020, by type (in million South Korean won) [Graph], Hana Institute of Finance, March 8, 2021. [Online]. Available: /statistics/1296421/south-korea-income-distribution-of-millionaires-by-type/
