South Korea vs Sweden: Average hourly earnings of employees
South Korea
27.58 international-$ in 2021 prices
in 2022
Sweden
25.41 international-$ in 2021 prices
in 2022
South Korea rank
5th
Sweden rank
8th
Average hourly earnings of employees over time
- South Korea
- Sweden
How they compare
South Korea currently reports 27.58 international-$ in 2021 prices against 25.41 international-$ in 2021 prices in Sweden, a difference of 2.17 international-$ in 2021 prices.
That makes South Korea's figure about 1.1 times Sweden's.
The two have swapped places 3 times across 7 shared years of data; in 2015 it was Sweden ahead.
South Korea ranks 5th and Sweden ranks 8th of 64 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Sweden in 1.
Head to head by decade
| Decade | South Korea | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 20.76 international-$ in 2021 prices | 20.89 international-$ in 2021 prices | 0.131 international-$ in 2021 prices | Sweden |
| 2020s | 24.84 international-$ in 2021 prices | 24.13 international-$ in 2021 prices | 0.71 international-$ in 2021 prices | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, South Korea or Sweden?
- South Korea, at 27.58 international-$ in 2021 prices against 25.41 international-$ in 2021 prices in Sweden as of 2022.
- What is the difference in average hourly earnings of employees between South Korea and Sweden?
- 2.17 international-$ in 2021 prices, with South Korea ahead.
- How many years of comparable data are there for South Korea and Sweden?
- 7 years are reported by both, from 2015 to 2022.
- How do South Korea and Sweden rank globally for average hourly earnings of employees?
- South Korea ranks 5th and Sweden ranks 8th of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) β with major processing by Our World in Data, published as Average hourly earnings of employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross remuneration for time worked or work done, vacation, and other types of paid leave.