Median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea

Republic of Korea: Median earnings per month, aged 15-24, deflated to 2010 local was 13,434 in 2017. ▲ Rising

Latest (2017)
13,434
Change on year
up 2.3%
World rank
1st
of 65 countries
All-time high
13,434
in 2017
All-time low
6,425
in 2009
Years of data
16
2001–2017

Median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea, 2001–2017

05.0k10.0k15.0k2001200920172001: 10.9k2002: 10.6k2003: 11.6k2004: 12.4k2005: 12.1k2007: 11.5k2008: 8.3k2009: 6.4k2010: 8.3k2011: 10.0k2012: 11.7k2013: 12.6k2014: 12.4k2015: 12.3k2016: 13.1k2017: 13.4k

Source: World Bank.

Analysis

In 2017, median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea stood at 13,434. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 2.3% on the previous year and up 16.6% over ten years.

Over the whole period, median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea peaked at 13,434 in 2017 and was at its lowest, 6,425, in 2009.

That places Republic of Korea 1st out of 65 countries with data for 2017, putting it in the top 10%.

The long-run direction has been consistently rising across the 16 years of available data.

Median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea, year by year

Annual values for Median earnings per month, aged 15-24, deflated to 2010 local currency values in Republic of Korea, 2001 to 2017.
Year Value Change
2001 10,938
2002 10,644 -2.7%
2003 11,567 +8.7%
2004 12,407 +7.3%
2005 12,075 -2.7%
2007 11,518 -4.6%
2008 8,253 -28.3%
2009 6,425 -22.1%
2010 8,322 +29.5%
2011 10,000 +20.2%
2012 11,743 +17.4%
2013 12,558 +6.9%
2014 12,400 -1.3%
2015 12,313 -0.7%
2016 13,133 +6.7%
2017 13,434 +2.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10,478 6,425 12,407 8
2010s 11,738 8,322 13,434 8

Countries ranked near Republic of Korea

  1. 2 Paraguay 13,175 compare
  2. 3 Indonesia 12,544 compare
  3. 4 Colombia 6,278 compare

See the full ranking of 65 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea?
Median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea was 13,434 in 2017, according to the World Bank.
What is the highest median earnings per month, aged 15-24, deflated to 2010 local recorded in Republic of Korea?
The highest recorded value was 13,434 in 2017.
What is the lowest median earnings per month, aged 15-24, deflated to 2010 local recorded in Republic of Korea?
The lowest recorded value was 6,425 in 2009.
How does Republic of Korea rank for median earnings per month, aged 15-24, deflated to 2010 local?
Republic of Korea ranks 1st out of 65 countries with data for 2017.
Is median earnings per month, aged 15-24, deflated to 2010 local rising or falling in Republic of Korea?
Over the last ten years it is up 16.6%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from the World Bank, published as part of Median earnings per month, aged 15-24, deflated to 2010 local currency values. Statizoid updates them automatically from the source API.

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Median earnings per month, aged 15-24, deflated to 2010 local in Republic of Korea. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-aged-15-24-deflated-to-2010-local-currency-values/korea-rep/

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About this data

Indicator
Median earnings per month, aged 15-24, deflated to 2010 local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
65 places, 885 data points, 1981–2021
Last refreshed