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

Republic of Korea: Median earnings per month, aged 15-64, deflated to 2010 local was 19,324 in 2017. ▲ Rising

Latest (2017)
19,324
Change on year
up 3.0%
World rank
1st
of 70 countries
All-time high
19,324
in 2017
All-time low
11,779
in 2009
Years of data
16
2001–2017

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

05.0k10.0k15.0k20.0k2001200920172001: 13.7k2002: 14.6k2003: 15.4k2004: 16.1k2005: 16.9k2007: 17.3k2008: 13.2k2009: 11.8k2010: 12.8k2011: 13.0k2012: 17.6k2013: 19.3k2014: 19.1k2015: 18.9k2016: 18.8k2017: 19.3k

Source: World Bank.

Analysis

The most recent figure for median earnings per month, aged 15-64, deflated to 2010 local in Republic of Korea is 19,324, measured in 2017. That is the highest value across all 16 years on record.

The figure is up 3.0% on the previous year and up 11.8% over ten years.

Over the whole period, median earnings per month, aged 15-64, deflated to 2010 local in Republic of Korea peaked at 19,324 in 2017 and was at its lowest, 11,779, in 2009.

That places Republic of Korea 1st out of 70 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 Republic of Korea, year by year

Annual values for Median earnings per month, aged 15-64, deflated to 2010 local currency values, total in Republic of Korea, 2001 to 2017.
Year Value Change
2001 13,672
2002 14,635 +7.0%
2003 15,423 +5.4%
2004 16,129 +4.6%
2005 16,904 +4.8%
2007 17,277 +2.2%
2008 13,204 -23.6%
2009 11,779 -10.8%
2010 12,795 +8.6%
2011 13,000 +1.6%
2012 17,615 +35.5%
2013 19,320 +9.7%
2014 19,077 -1.3%
2015 18,944 -0.7%
2016 18,761 -1.0%
2017 19,324 +3.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14,878 11,779 17,277 8
2010s 17,355 12,795 19,324 8

Countries ranked near Republic of Korea

  1. 2 Paraguay 16,084 compare
  2. 3 Indonesia 14,496 compare
  3. 4 Colombia 6,282 compare

See the full ranking of 70 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 15-64, deflated to 2010 local in Republic of Korea?
Median earnings per month, aged 15-64, deflated to 2010 local in Republic of Korea was 19,324 in 2017, according to the World Bank.
What is the highest median earnings per month, aged 15-64, deflated to 2010 local recorded in Republic of Korea?
The highest recorded value was 19,324 in 2017.
What is the lowest median earnings per month, aged 15-64, deflated to 2010 local recorded in Republic of Korea?
The lowest recorded value was 11,779 in 2009.
How does Republic of Korea rank for median earnings per month, aged 15-64, deflated to 2010 local?
Republic of Korea ranks 1st out of 70 countries with data for 2017.
Is median earnings per month, aged 15-64, deflated to 2010 local rising or falling in Republic of Korea?
Over the last ten years it is up 11.8%. 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 15-64, deflated to 2010 local currency values, total. Statizoid updates them automatically from the source API.

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Median earnings per month, aged 15-64, deflated to 2010 local in Republic of Korea. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-aged-15-64-deflated-to-2010-local-currency-values-total/korea-rep/

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About this data

Indicator
Median earnings per month, aged 15-64, deflated to 2010 local currency values, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
70 places, 951 data points, 1981–2021
Last refreshed