Median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea

Republic of Korea: Median earnings per hour, aged 15-64, deflated to 2010 local currency was 114.03 in 2017. ◆ Volatile

Latest (2017)
114.03
Change on year
up 5.6%
World rank
1st
of 72 countries
All-time high
269.56
in 2009
All-time low
68.65
in 2001
Years of data
16
2001–2017

Median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea, 2001–2017

501001502002502001200920172001: 68.72002: 73.52003: 82.22004: 77.92005: 81.12007: 88.42008: 229.52009: 269.62010: 249.42011: 251.72012: 100.52013: 105.62014: 107.32015: 104.62016: 107.92017: 114

Source: World Bank.

Analysis

Republic of Korea recorded 114.03 for median earnings per hour, aged 15-64, deflated to 2010 local currency in 2017.

The figure is up 5.6% on the previous year and up 29.1% over ten years.

Over the whole period, median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea peaked at 269.56 in 2009 and was at its lowest, 68.65, in 2001.

Republic of Korea ranks 1st of 72 countries on this measure, 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 15-64, deflated to 2010 local currency in Republic of Korea, year by year

Annual values for Median earnings per hour, aged 15-64, deflated to 2010 local currency values, total in Republic of Korea, 2001 to 2017.
Year Value Change
2001 68.65
2002 73.49 +7.0%
2003 82.17 +11.8%
2004 77.88 -5.2%
2005 81.05 +4.1%
2007 88.36 +9.0%
2008 229.5 +159.7%
2009 269.56 +17.5%
2010 249.39 -7.5%
2011 251.73 +0.9%
2012 100.55 -60.1%
2013 105.61 +5.0%
2014 107.33 +1.6%
2015 104.64 -2.5%
2016 107.95 +3.2%
2017 114.03 +5.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 121.33 68.65 269.56 8
2010s 142.65 100.55 251.73 8

Countries ranked near Republic of Korea

  1. 2 Paraguay 82.29 compare
  2. 3 Indonesia 80.2 compare
  3. 4 Colombia 30.12 compare

See the full ranking of 72 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea?
Median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea was 114.03 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Republic of Korea?
The highest recorded value was 269.56 in 2009.
What is the lowest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Republic of Korea?
The lowest recorded value was 68.65 in 2001.
How does Republic of Korea rank for median earnings per hour, aged 15-64, deflated to 2010 local currency?
Republic of Korea ranks 1st out of 72 countries with data for 2017.
Is median earnings per hour, aged 15-64, deflated to 2010 local currency rising or falling in Republic of Korea?
Over the last ten years it is up 29.1%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from the World Bank, published as part of Median earnings per hour, aged 15-64, deflated to 2010 local currency values, total. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, deflated to 2010 local currency in Republic of Korea. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-deflated-to-2010-local-currency-values-total/korea-rep/

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About this data

Indicator
Median earnings per hour, aged 15-64, deflated to 2010 local currency values, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 977 data points, 1981–2021
Last refreshed