South Korea vs Switzerland: Average hourly earnings of employees
South Korea
27.58 international-$ in 2021 prices
in 2022
Switzerland
35.86 international-$ in 2021 prices
in 2024
South Korea rank
5th
Switzerland rank
2nd
Average hourly earnings of employees over time
- South Korea
- Switzerland
How they compare
Switzerland currently reports 35.86 international-$ in 2021 prices against 27.58 international-$ in 2021 prices in South Korea, a difference of 8.28 international-$ in 2021 prices.
That makes Switzerland's figure about 1.3 times South Korea's.
The two have swapped places 2 times across 14 shared years of data; in 2009 it was Switzerland ahead.
South Korea ranks 5th and Switzerland ranks 2nd of 64 countries.
Switzerland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.04 international-$ in 2021 prices | 18.95 international-$ in 2021 prices | 2.91 international-$ in 2021 prices | Switzerland |
| 2010s | 19.47 international-$ in 2021 prices | 22.72 international-$ in 2021 prices | 3.25 international-$ in 2021 prices | Switzerland |
| 2020s | 24.18 international-$ in 2021 prices | 31.48 international-$ in 2021 prices | 7.31 international-$ in 2021 prices | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, South Korea or Switzerland?
- Switzerland, at 35.86 international-$ in 2021 prices against 27.58 international-$ in 2021 prices in South Korea as of 2024.
- What is the difference in average hourly earnings of employees between South Korea and Switzerland?
- 8.28 international-$ in 2021 prices, with Switzerland ahead.
- How many years of comparable data are there for South Korea and Switzerland?
- 14 years are reported by both, from 2009 to 2022.
- How do South Korea and Switzerland rank globally for average hourly earnings of employees?
- South Korea ranks 5th and Switzerland ranks 2nd of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) – 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.