Median earnings per hour, aged 15-24, local currency values in South Korea

South Korea: Median earnings per hour, aged 15-24, local currency values was 8,220 in 2017. ◆ Volatile

Latest (2017)
8,220
Change on year
up 7.1%
World rank
3rd
of 71 countries
All-time high
28,769
in 2009
All-time low
3,661
in 2001
Years of data
16
2001–2017

Median earnings per hour, aged 15-24, local currency values in South Korea, 2001–2017

010.0k20.0k30.0k2001200920172001: 3.7k2002: 4.0k2003: 4.4k2004: 4.3k2005: 4.6k2007: 5.3k2008: 16.3k2009: 28.8k2010: 13.8k2011: 10.5k2012: 6.4k2013: 7.2k2014: 7.4k2015: 7.2k2016: 7.7k2017: 8.2k

Source: World Bank.

Analysis

The most recent figure for median earnings per hour, aged 15-24, local currency values in South Korea is 8,220, measured in 2017.

The figure is up 7.1% on the previous year and up 55.3% over ten years.

Over the whole period, median earnings per hour, aged 15-24, local currency values in South Korea peaked at 28,769 in 2009 and was at its lowest, 3,661, in 2001.

That places South Korea 3rd out of 71 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8,913 3,661 28,769 8
2010s 8,544 6,444 13,809 8

Countries ranked near South Korea

  1. 1 Indonesia 9,590 compare
  2. 2 Paraguay 8,678 compare
  3. 4 Colombia 4,315 compare
  4. 5 Venezuela 2,950 compare
  5. 6 Chile 1,534 compare

See the full ranking of 71 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is median earnings per hour, aged 15-24, local currency values in South Korea?
Median earnings per hour, aged 15-24, local currency values in South Korea was 8,220 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 15-24, local currency values recorded in South Korea?
The highest recorded value was 28,769 in 2009.
What is the lowest median earnings per hour, aged 15-24, local currency values recorded in South Korea?
The lowest recorded value was 3,661 in 2001.
How does South Korea rank for median earnings per hour, aged 15-24, local currency values?
South Korea ranks 3rd out of 71 countries with data for 2017.
Is median earnings per hour, aged 15-24, local currency values rising or falling in South Korea?
Over the last ten years it is up 55.3%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Median earnings per hour, aged 15-24, local currency values. Statizoid updates them automatically from the source API.

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About this data

Indicator
Median earnings per hour, aged 15-24, local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 948 data points, 1970–2021
Last refreshed