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 62 countries
All-time high
19,324
in 2017
All-time low
12,483
in 2010
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: 15.8k2003: 16.7k2004: 17.4k2005: 16.9k2007: 17.3k2008: 13.2k2009: 12.5k2010: 12.5k2011: 13.0k2012: 18.6k2013: 19.3k2014: 19.1k2015: 18.9k2016: 18.8k2017: 19.3k

Source: World Bank.

Analysis

In 2017, median earnings per month, aged 15-64, deflated to 2010 local in Republic of Korea stood at 19,324. That is the highest value across all 16 years on record.

Compared with earlier readings it 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, 12,483, in 2010.

That places Republic of Korea 1st out of 62 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, urban in Republic of Korea, 2001 to 2017.
Year Value Change
2001 13,672
2002 15,832 +15.8%
2003 16,708 +5.5%
2004 17,370 +4.0%
2005 16,904 -2.7%
2007 17,277 +2.2%
2008 13,204 -23.6%
2009 12,529 -5.1%
2010 12,483 -0.4%
2011 13,000 +4.1%
2012 18,593 +43.0%
2013 19,320 +3.9%
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 15,437 12,529 17,370 8
2010s 17,438 12,483 19,324 8

Countries ranked near Republic of Korea

  1. 2 Indonesia 17,423 compare
  2. 3 Paraguay 16,168 compare
  3. 4 Colombia 6,285 compare

See the full ranking of 62 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 12,483 in 2010.
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 62 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, urban. 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 30 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-aged-15-64-deflated-to-2010-local-currency-values-urban/korea-rep/

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About this data

Indicator
Median earnings per month, aged 15-64, deflated to 2010 local currency values, urban
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
62 places, 842 data points, 1981–2021
Last refreshed