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

South Korea: Median earnings per hour, aged 15-64, local currency values, total was 12,393 in 2017. ◆ Volatile

Latest (2017)
12,393
Change on year
up 7.7%
World rank
1st
of 76 countries
All-time high
25,173
in 2009
All-time low
5,021
in 2001
Years of data
16
2001–2017

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

5.0k10.0k15.0k20.0k25.0k2001200920172001: 5.0k2002: 5.5k2003: 6.4k2004: 6.3k2005: 6.7k2007: 7.7k2008: 20.9k2009: 25.2k2010: 24.0k2011: 25.2k2012: 10.3k2013: 10.9k2014: 11.3k2015: 11.0k2016: 11.5k2017: 12.4k

Source: World Bank.

Analysis

In 2017, median earnings per hour, aged 15-64, local currency values, total in South Korea stood at 12,393.

That represents a change of up 7.7% on the previous year and up 61.5% over ten years.

Over the whole period, median earnings per hour, aged 15-64, local currency values, total in South Korea peaked at 25,173 in 2009 and was at its lowest, 5,021, in 2001.

That places South Korea 1st out of 76 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 10,454 5,021 25,173 8
2010s 14,569 10,274 25,173 8

Countries ranked near South Korea

  1. 2 Indonesia 11,508 compare
  2. 3 Paraguay 11,126 compare
  3. 4 Colombia 4,356 compare

See the full ranking of 76 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is median earnings per hour, aged 15-64, local currency values, total in South Korea?
Median earnings per hour, aged 15-64, local currency values, total in South Korea was 12,393 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, local currency values, total recorded in South Korea?
The highest recorded value was 25,173 in 2009.
What is the lowest median earnings per hour, aged 15-64, local currency values, total recorded in South Korea?
The lowest recorded value was 5,021 in 2001.
How does South Korea rank for median earnings per hour, aged 15-64, local currency values, total?
South Korea ranks 1st out of 76 countries with data for 2017.
Is median earnings per hour, aged 15-64, local currency values, total rising or falling in South Korea?
Over the last ten years it is up 61.5%. 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 15-64, local currency values, total. Statizoid updates them automatically from the source API.

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About this data

Indicator
Median earnings per hour, aged 15-64, local currency values, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
76 places, 1,043 data points, 1970–2021
Last refreshed