Average hourly earnings of employees in South Korea

South Korea: Average hourly earnings of employees was 27.58 international-$ in 2021 prices in 2022. ▲ Rising

Latest (2022)
27.58 international-$ in 2021 prices
Change on year
up 20.7%
World rank
5th
of 64 countries
All-time high
27.58 international-$ in 2021 prices
in 2022
All-time low
16.04 international-$ in 2021 prices
in 2009
Years of data
14
2009–2022

Average hourly earnings of employees in South Korea, 2009–2022

01020302009201520222009: 16 international-$ in 2021 prices2010: 16.6 international-$ in 2021 prices2011: 17.5 international-$ in 2021 prices2012: 18.7 international-$ in 2021 prices2013: 18.9 international-$ in 2021 prices2014: 19.2 international-$ in 2021 prices2015: 18.9 international-$ in 2021 prices2016: 19.4 international-$ in 2021 prices2017: 19.7 international-$ in 2021 prices2018: 22.4 international-$ in 2021 prices2019: 23.4 international-$ in 2021 prices2020: 22.1 international-$ in 2021 prices2021: 22.8 international-$ in 2021 prices2022: 27.6 international-$ in 2021 prices

Source: International Labour Organization (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2022, average hourly earnings of employees in South Korea stood at 27.58 international-$ in 2021 prices. That is the highest value across all 14 years on record.

The figure is up 20.7% on the previous year and up 47.8% over ten years.

Over the whole period, average hourly earnings of employees in South Korea peaked at 27.58 international-$ in 2021 prices in 2022 and was at its lowest, 16.04 international-$ in 2021 prices, in 2009.

That places South Korea 5th out of 64 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.04 international-$ in 2021 prices 16.04 international-$ in 2021 prices 16.04 international-$ in 2021 prices 1
2010s 19.47 international-$ in 2021 prices 16.62 international-$ in 2021 prices 23.44 international-$ in 2021 prices 10
2020s 24.18 international-$ in 2021 prices 22.1 international-$ in 2021 prices 27.58 international-$ in 2021 prices 3

Countries ranked near South Korea

  1. 2 Switzerland 35.86 international-$ in 2021 prices compare
  2. 3 Canada 33.04 international-$ in 2021 prices compare
  3. 4 Iceland 28.04 international-$ in 2021 prices compare
  4. 6 Finland 26.03 international-$ in 2021 prices compare
  5. 7 Spain 25.97 international-$ in 2021 prices compare
  6. 8 Sweden 25.41 international-$ in 2021 prices compare

See the full ranking of 64 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is average hourly earnings of employees in South Korea?
Average hourly earnings of employees in South Korea was 27.58 international-$ in 2021 prices in 2022, according to International Labour Organization (2026) – with major processing by Our World in Data.
What is the highest average hourly earnings of employees recorded in South Korea?
The highest recorded value was 27.58 international-$ in 2021 prices in 2022.
What is the lowest average hourly earnings of employees recorded in South Korea?
The lowest recorded value was 16.04 international-$ in 2021 prices in 2009.
How does South Korea rank for average hourly earnings of employees?
South Korea ranks 5th out of 64 countries with data for 2022.
Is average hourly earnings of employees rising or falling in South Korea?
Over the last ten years it is up 47.8%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from International Labour Organization (2026) – with major processing by Our World in Data, published as part of Average hourly earnings of employees. Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Average hourly earnings of employees
Unit
international-$ in 2021 prices
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
64 places, 923 data points, 1990–2025
Last refreshed

Gross remuneration for time worked or work done, vacation, and other types of paid leave.