Median earnings per hour, aged 25-64, local currency values in South Korea

South Korea: Median earnings per hour, aged 25-64, local currency values was 12,946 in 2017. ◆ Volatile

Latest (2017)
12,946
Change on year
up 3.8%
World rank
1st
of 71 countries
All-time high
25,316
in 2011
All-time low
5,370
in 2001
Years of data
16
2001–2017

Median earnings per hour, aged 25-64, local currency values in South Korea, 2001–2017

5.0k10.0k15.0k20.0k25.0k2001200920172001: 5.4k2002: 5.8k2003: 6.9k2004: 6.7k2005: 7.1k2007: 8.2k2008: 22.8k2009: 24.7k2010: 24.9k2011: 25.3k2012: 10.8k2013: 11.5k2014: 11.5k2015: 11.5k2016: 12.5k2017: 12.9k

Source: World Bank.

Analysis

South Korea recorded 12,946 for median earnings per hour, aged 25-64, local currency values in 2017.

That represents a change of up 3.8% on the previous year and up 58.7% over ten years.

Over the whole period, median earnings per hour, aged 25-64, local currency values in South Korea peaked at 25,316 in 2011 and was at its lowest, 5,370, in 2001.

That places South Korea 1st 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 10,934 5,370 24,659 8
2010s 15,122 10,788 25,316 8

Countries ranked near South Korea

  1. 2 Paraguay 12,221 compare
  2. 3 Indonesia 11,763 compare
  3. 4 Colombia 4,430 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 25-64, local currency values in South Korea?
Median earnings per hour, aged 25-64, local currency values in South Korea was 12,946 in 2017, according to the World Bank.
What is the highest median earnings per hour, aged 25-64, local currency values recorded in South Korea?
The highest recorded value was 25,316 in 2011.
What is the lowest median earnings per hour, aged 25-64, local currency values recorded in South Korea?
The lowest recorded value was 5,370 in 2001.
How does South Korea rank for median earnings per hour, aged 25-64, local currency values?
South Korea ranks 1st out of 71 countries with data for 2017.
Is median earnings per hour, aged 25-64, local currency values rising or falling in South Korea?
Over the last ten years it is up 58.7%. 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 25-64, local currency values. Statizoid updates them automatically from the source API.

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About this data

Indicator
Median earnings per hour, aged 25-64, local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 953 data points, 1970–2021
Last refreshed