Median earnings per hour, aged 15-64, local currency values, above in Korea

Korea: Median earnings per hour, aged 15-64, local currency values, above was 12,658 in 2017. ◆ Volatile

Latest (2017)
12,658
Change on year
up 5.6%
World rank
2nd
of 71 countries
All-time high
27,618
in 2009
All-time low
5,231
in 2001
Years of data
16
2001–2017

Median earnings per hour, aged 15-64, local currency values, above in Korea, 2001–2017

5.0k10.0k15.0k20.0k25.0k30.0k2001200920172001: 5.2k2002: 5.8k2003: 6.7k2004: 6.4k2005: 6.9k2007: 8.0k2008: 24.2k2009: 27.6k2010: 27.6k2011: 26.9k2012: 10.5k2013: 11.3k2014: 11.5k2015: 11.4k2016: 12.0k2017: 12.7k

Source: World Bank.

Analysis

Korea recorded 12,658 for median earnings per hour, aged 15-64, local currency values, above in 2017.

Compared with earlier readings it is up 5.6% on the previous year and up 58.7% over ten years.

Over the whole period, median earnings per hour, aged 15-64, local currency values, above in Korea peaked at 27,618 in 2009 and was at its lowest, 5,231, in 2001.

That places Korea 2nd 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.

Median earnings per hour, aged 15-64, local currency values, above in Korea, year by year

Annual values for Median earnings per hour, aged 15-64, local currency values, above primary education in Korea, 2001 to 2017.
Year Value Change
2001 5,231
2002 5,754 +10.0%
2003 6,713 +16.7%
2004 6,444 -4.0%
2005 6,904 +7.1%
2007 7,979 +15.6%
2008 24,226 +203.6%
2009 27,618 +14.0%
2010 27,618 +0.0%
2011 26,851 -2.8%
2012 10,544 -60.7%
2013 11,298 +7.2%
2014 11,508 +1.9%
2015 11,436 -0.6%
2016 11,987 +4.8%
2017 12,658 +5.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11,359 5,231 27,618 8
2010s 15,487 10,544 27,618 8

Countries ranked near Korea

  1. 1 Indonesia 14,384 compare
  2. 3 Paraguay 11,635 compare
  3. 4 Colombia 4,795 compare
  4. 5 Venezuela, Bolivarian Republic of 3,972 compare

See the full ranking of 71 places →

More reference data data for Korea

All data for Korea →

Frequently asked questions

What is median earnings per hour, aged 15-64, local currency values, above in Korea?
Median earnings per hour, aged 15-64, local currency values, above in Korea was 12,658 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, local currency values, above recorded in Korea?
The highest recorded value was 27,618 in 2009.
What is the lowest median earnings per hour, aged 15-64, local currency values, above recorded in Korea?
The lowest recorded value was 5,231 in 2001.
How does Korea rank for median earnings per hour, aged 15-64, local currency values, above?
Korea ranks 2nd out of 71 countries with data for 2017.
Is median earnings per hour, aged 15-64, local currency values, above rising or falling in Korea?
Over the last ten years it is up 58.7%. 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 15-64, local currency values, above primary education. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, local currency values, above in Korea. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-local-currency-values-above-primary-education/korea-rep/

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About this data

Indicator
Median earnings per hour, aged 15-64, local currency values, above primary education
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 950 data points, 1970–2021
Last refreshed