Median earnings per month, aged 15-24, local currency values in South Korea

South Korea: Median earnings per month, aged 15-24, local currency values was 1.46 million in 2017. ▲ Rising

Latest (2017)
1.46 million
Change on year
up 4.3%
World rank
3rd
of 71 countries
All-time high
1.46 million
in 2017
All-time low
600,000
in 2009
Years of data
16
2001–2017

Median earnings per month, aged 15-24, local currency values in South Korea, 2001–2017

0500.0k1.0M1.5M2001200920172001: 800.0k2002: 800.0k2003: 900.0k2004: 1.0M2005: 1.0M2007: 1.0M2008: 750.0k2009: 600.0k2010: 800.0k2011: 1.0M2012: 1.2M2013: 1.3M2014: 1.3M2015: 1.3M2016: 1.4M2017: 1.5M

Source: World Bank.

Analysis

In 2017, median earnings per month, aged 15-24, local currency values in South Korea stood at 1.46 million. That is the highest value across all 16 years on record.

That represents a change of up 4.3% on the previous year and up 46.0% over ten years.

Over the whole period, median earnings per month, aged 15-24, local currency values in South Korea peaked at 1.46 million in 2017 and was at its lowest, 600,000, in 2009.

That places South Korea 3rd out of 71 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 856,250 600,000 1.00 million 8
2010s 1.22 million 800,000 1.46 million 8

Countries ranked near South Korea

  1. 1 Indonesia 1.80 million compare
  2. 2 Paraguay 1.62 million compare
  3. 4 Colombia 908,000 compare
  4. 5 Venezuela 553,109 compare
  5. 6 Chile 280,000 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 month, aged 15-24, local currency values in South Korea?
Median earnings per month, aged 15-24, local currency values in South Korea was 1.46 million in 2017, according to the World Bank.
What is the highest median earnings per month, aged 15-24, local currency values recorded in South Korea?
The highest recorded value was 1.46 million in 2017.
What is the lowest median earnings per month, aged 15-24, local currency values recorded in South Korea?
The lowest recorded value was 600,000 in 2009.
How does South Korea rank for median earnings per month, aged 15-24, local currency values?
South Korea ranks 3rd out of 71 countries with data for 2017.
Is median earnings per month, aged 15-24, local currency values rising or falling in South Korea?
Over the last ten years it is up 46.0%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Median earnings per month, aged 15-24, local currency values. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Median earnings per month, aged 15-24, local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 931 data points, 1970–2021
Last refreshed