Median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea

Korea: Median earnings per hour, aged 15-24, deflated to 2010 local currency was 75.63 in 2017. ◆ Volatile

Latest (2017)
75.63
Change on year
up 5.1%
World rank
1st
of 67 countries
All-time high
308.07
in 2009
All-time low
50.06
in 2001
Years of data
16
2001–2017

Median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea, 2001–2017

1002003002001200920172001: 50.12002: 53.32003: 56.32004: 53.52005: 55.62007: 612008: 179.42009: 308.12010: 143.62011: 104.62012: 63.12013: 69.52014: 70.32015: 68.12016: 722017: 75.6

Source: World Bank.

Analysis

Korea recorded 75.63 for median earnings per hour, aged 15-24, deflated to 2010 local currency in 2017.

That represents a change of up 5.1% on the previous year and up 24.1% over ten years.

Over the whole period, median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea peaked at 308.07 in 2009 and was at its lowest, 50.06, in 2001.

That places Korea 1st out of 67 countries with data for 2017, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea, year by year

Annual values for Median earnings per hour, aged 15-24, deflated to 2010 local currency values in Korea, 2001 to 2017.
Year Value Change
2001 50.06
2002 53.25 +6.4%
2003 56.27 +5.7%
2004 53.54 -4.9%
2005 55.58 +3.8%
2007 60.97 +9.7%
2008 179.38 +194.2%
2009 308.07 +71.7%
2010 143.65 -53.4%
2011 104.61 -27.2%
2012 63.06 -39.7%
2013 69.48 +10.2%
2014 70.25 +1.1%
2015 68.12 -3.0%
2016 71.96 +5.6%
2017 75.63 +5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 102.14 50.06 308.07 8
2010s 83.35 63.06 143.65 8

Countries ranked near Korea

  1. 2 Indonesia 66.83 compare
  2. 3 Paraguay 64.19 compare
  3. 4 Colombia 30.04 compare

See the full ranking of 67 places →

More reference data data for Korea

All data for Korea →

Frequently asked questions

What is median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea?
Median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea was 75.63 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 15-24, deflated to 2010 local currency recorded in Korea?
The highest recorded value was 308.07 in 2009.
What is the lowest median earnings per hour, aged 15-24, deflated to 2010 local currency recorded in Korea?
The lowest recorded value was 50.06 in 2001.
How does Korea rank for median earnings per hour, aged 15-24, deflated to 2010 local currency?
Korea ranks 1st out of 67 countries with data for 2017.
Is median earnings per hour, aged 15-24, deflated to 2010 local currency rising or falling in Korea?
Over the last ten years it is up 24.1%. The long-run trend across the full record is volatile.
Where does this Korea data come from?
The figures come from the World Bank, published as part of Median earnings per hour, aged 15-24, deflated to 2010 local currency values. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-24, deflated to 2010 local currency in Korea. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-24-deflated-to-2010-local-currency-values/korea-rep/

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About this data

Indicator
Median earnings per hour, aged 15-24, deflated to 2010 local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 910 data points, 1981–2021
Last refreshed