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
Median earnings per hour, aged 15-64, local currency values, total in South Korea, 2001–2017
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.
Median earnings per hour, aged 15-64, local currency values, total in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 5,021 | — |
| 2002 | 5,524 | +10.0% |
| 2003 | 6,393 | +15.7% |
| 2004 | 6,277 | -1.8% |
| 2005 | 6,713 | +6.9% |
| 2007 | 7,672 | +14.3% |
| 2008 | 20,857 | +171.9% |
| 2009 | 25,173 | +20.7% |
| 2010 | 23,974 | -4.8% |
| 2011 | 25,173 | +5.0% |
| 2012 | 10,274 | -59.2% |
| 2013 | 10,932 | +6.4% |
| 2014 | 11,252 | +2.9% |
| 2015 | 11,047 | -1.8% |
| 2016 | 11,508 | +4.2% |
| 2017 | 12,393 | +7.7% |
South Korea compared with similar countries
- South Korea's 12,393 is above the median for high income countries, which is 11.63, 1065.5× the median. (37 countries reporting)
- South Korea's 12,393 is above the median for East Asia & Pacific, which is 57.54, 215.4× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Median earnings per hour, aged 15-64, local currency values, total in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +171.9% | 7,672 | 20,857 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10,454 | 5,021 | 25,173 | 8 |
| 2010s | 14,569 | 10,274 | 25,173 | 8 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
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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