Median earnings per month, aged 15-64, local currency values, primary in Republic of Korea

Republic of Korea: Median earnings per month, aged 15-64, local currency values, primary was 1.50 million in 2017. ▲ Rising

Latest (2017)
1.50 million
Change on year
up 15.4%
World rank
3rd
of 69 countries
All-time high
1.50 million
in 2017
All-time low
700,000
in 2001
Years of data
16
2001–2017

Median earnings per month, aged 15-64, local currency values, primary in Republic of Korea, 2001–2017

0500.0k1.0M1.5M2001200920172001: 700.0k2002: 750.0k2003: 800.0k2004: 800.0k2005: 800.0k2007: 870.0k2008: 750.0k2009: 830.0k2010: 1.0M2011: 900.0k2012: 1.2M2013: 1.2M2014: 1.3M2015: 1.3M2016: 1.3M2017: 1.5M

Source: World Bank.

Analysis

The most recent figure for median earnings per month, aged 15-64, local currency values, primary in Republic of Korea is 1.50 million, measured in 2017. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 15.4% on the previous year and up 72.4% over ten years.

Over the whole period, median earnings per month, aged 15-64, local currency values, primary in Republic of Korea peaked at 1.50 million in 2017 and was at its lowest, 700,000, in 2001.

That places Republic of Korea 3rd out of 69 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, local currency values, primary in Republic of Korea, year by year

Annual values for Median earnings per month, aged 15-64, local currency values, primary education and below in Republic of Korea, 2001 to 2017.
Year Value Change
2001 700,000
2002 750,000 +7.1%
2003 800,000 +6.7%
2004 800,000 +0.0%
2005 800,000 +0.0%
2007 870,000 +8.8%
2008 750,000 -13.8%
2009 830,000 +10.7%
2010 1.00 million +20.5%
2011 900,000 -10.0%
2012 1.20 million +33.3%
2013 1.20 million +0.0%
2014 1.30 million +8.3%
2015 1.30 million +0.0%
2016 1.30 million +0.0%
2017 1.50 million +15.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 787,500 700,000 870,000 8
2010s 1.21 million 900,000 1.50 million 8

Countries ranked near Republic of Korea

  1. 1 Paraguay 1.67 million compare
  2. 2 Indonesia 1.60 million compare
  3. 4 Colombia 900,000 compare
  4. 5 Venezuela, Bolivarian Republic of 552,201 compare
  5. 6 Chile 280,000 compare

See the full ranking of 69 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, local currency values, primary in Republic of Korea?
Median earnings per month, aged 15-64, local currency values, primary in Republic of Korea was 1.50 million in 2017, according to the World Bank.
What is the highest median earnings per month, aged 15-64, local currency values, primary recorded in Republic of Korea?
The highest recorded value was 1.50 million in 2017.
What is the lowest median earnings per month, aged 15-64, local currency values, primary recorded in Republic of Korea?
The lowest recorded value was 700,000 in 2001.
How does Republic of Korea rank for median earnings per month, aged 15-64, local currency values, primary?
Republic of Korea ranks 3rd out of 69 countries with data for 2017.
Is median earnings per month, aged 15-64, local currency values, primary rising or falling in Republic of Korea?
Over the last ten years it is up 72.4%. 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, local currency values, primary education and below. Statizoid updates them automatically from the source API.

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Median earnings per month, aged 15-64, local currency values, primary in Republic of Korea. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-aged-15-64-local-currency-values-primary-education-and-below/korea-rep/

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About this data

Indicator
Median earnings per month, aged 15-64, local currency values, primary education and below
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
69 places, 895 data points, 1970–2021
Last refreshed