Median earnings per month, aged 15-64, deflated to 2010 local in South Korea

South Korea: Median earnings per month, aged 15-64, deflated to 2010 local was 23,924 in 2017. ▲ Rising

Latest (2017)
23,924
Change on year
up 2.0%
World rank
1st
of 65 countries
All-time high
24,151
in 2013
All-time low
16,062
in 2009
Years of data
16
2001–2017

Median earnings per month, aged 15-64, deflated to 2010 local in South Korea, 2001–2017

05.0k10.0k15.0k20.0k25.0k2001200920172001: 17.8k2002: 20.0k2003: 19.3k2004: 19.9k2005: 20.5k2007: 21.9k2008: 16.5k2009: 16.1k2010: 17.7k2011: 17.0k2012: 22.5k2013: 24.2k2014: 23.8k2015: 23.7k2016: 23.5k2017: 23.9k

Source: World Bank.

Analysis

In 2017, median earnings per month, aged 15-64, deflated to 2010 local in South Korea stood at 23,924.

Compared with earlier readings it is up 2.0% on the previous year and up 9.3% over ten years.

Over the whole period, median earnings per month, aged 15-64, deflated to 2010 local in South Korea peaked at 24,151 in 2013 and was at its lowest, 16,062, in 2009.

That places South 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 15-64, deflated to 2010 local in South Korea, year by year

Annual values for Median earnings per month, aged 15-64, deflated to 2010 local currency values, male in South Korea, 2001 to 2017.
Year Value Change
2001 17,773
2002 19,956 +12.3%
2003 19,279 -3.4%
2004 19,851 +3.0%
2005 20,527 +3.4%
2007 21,884 +6.6%
2008 16,505 -24.6%
2009 16,062 -2.7%
2010 17,684 +10.1%
2011 17,000 -3.9%
2012 22,508 +32.4%
2013 24,151 +7.3%
2014 23,847 -1.3%
2015 23,679 -0.7%
2016 23,452 -1.0%
2017 23,924 +2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18,980 16,062 21,884 8
2010s 22,031 17,000 24,151 8

Countries ranked near South Korea

  1. 2 Paraguay 16,298 compare
  2. 3 Indonesia 16,029 compare
  3. 4 Colombia 6,282 compare

See the full ranking of 65 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is median earnings per month, aged 15-64, deflated to 2010 local in South Korea?
Median earnings per month, aged 15-64, deflated to 2010 local in South Korea was 23,924 in 2017, according to the World Bank.
What is the highest median earnings per month, aged 15-64, deflated to 2010 local recorded in South Korea?
The highest recorded value was 24,151 in 2013.
What is the lowest median earnings per month, aged 15-64, deflated to 2010 local recorded in South Korea?
The lowest recorded value was 16,062 in 2009.
How does South Korea rank for median earnings per month, aged 15-64, deflated to 2010 local?
South Korea ranks 1st out of 65 countries with data for 2017.
Is median earnings per month, aged 15-64, deflated to 2010 local rising or falling in South Korea?
Over the last ten years it is up 9.3%. 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 15-64, deflated to 2010 local currency values, male. Statizoid updates them automatically from the source API.

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Median earnings per month, aged 15-64, deflated to 2010 local in South Korea. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-aged-15-64-deflated-to-2010-local-currency-values-male/korea-rep/

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About this data

Indicator
Median earnings per month, aged 15-64, deflated to 2010 local currency values, male
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
65 places, 889 data points, 1981–2021
Last refreshed