Median earnings per month in the service sector, aged 15-64, local in Republic of Korea

Republic of Korea: Median earnings per month in the service sector, aged 15-64, local was 2.00 million in 2017. ▲ Rising

Latest (2017)
2.00 million
Change on year
up 0.0%
World rank
3rd
of 76 countries
All-time high
2.00 million
in 2017
All-time low
1.00 million
in 2001
Years of data
16
2001–2017

Median earnings per month in the service sector, aged 15-64, local in Republic of Korea, 2001–2017

0500.0k1.0M1.5M2.0M2001200920172001: 1.0M2002: 1.1M2003: 1.2M2004: 1.3M2005: 1.3M2007: 1.5M2008: 1.2M2009: 1.0M2010: 1.2M2011: 1.3M2012: 1.8M2013: 1.8M2014: 1.8M2015: 1.9M2016: 2.0M2017: 2.0M

Source: World Bank.

Analysis

The most recent figure for median earnings per month in the service sector, aged 15-64, local in Republic of Korea is 2.00 million, measured in 2017. That is the highest value across all 16 years on record.

The figure is up 33.3% over ten years.

Over the whole period, median earnings per month in the service sector, aged 15-64, local in Republic of Korea peaked at 2.00 million in 2017 and was at its lowest, 1.00 million, in 2001.

That places Republic of Korea 3rd out of 76 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 in the service sector, aged 15-64, local in Republic of Korea, year by year

Annual values for Median earnings per month in the service sector, aged 15-64, local currency values, total in Republic of Korea, 2001 to 2017.
Year Value Change
2001 1.00 million
2002 1.10 million +10.0%
2003 1.20 million +9.1%
2004 1.30 million +8.3%
2005 1.30 million +0.0%
2007 1.50 million +15.4%
2008 1.20 million -20.0%
2009 1.00 million -16.7%
2010 1.20 million +20.0%
2011 1.30 million +8.3%
2012 1.80 million +38.5%
2013 1.80 million +0.0%
2014 1.80 million +0.0%
2015 1.85 million +2.8%
2016 2.00 million +8.1%
2017 2.00 million +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.20 million 1.00 million 1.50 million 8
2010s 1.72 million 1.20 million 2.00 million 8

Countries ranked near Republic of Korea

  1. 1 Indonesia 2.30 million compare
  2. 2 Paraguay 2.00 million compare
  3. 4 Colombia 908,528 compare
  4. 5 Venezuela, Bolivarian Republic of 663,731 compare
  5. 6 Chile 370,000 compare

See the full ranking of 76 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is median earnings per month in the service sector, aged 15-64, local in Republic of Korea?
Median earnings per month in the service sector, aged 15-64, local in Republic of Korea was 2.00 million in 2017, according to the World Bank.
What is the highest median earnings per month in the service sector, aged 15-64, local recorded in Republic of Korea?
The highest recorded value was 2.00 million in 2017.
What is the lowest median earnings per month in the service sector, aged 15-64, local recorded in Republic of Korea?
The lowest recorded value was 1.00 million in 2001.
How does Republic of Korea rank for median earnings per month in the service sector, aged 15-64, local?
Republic of Korea ranks 3rd out of 76 countries with data for 2017.
Is median earnings per month in the service sector, aged 15-64, local rising or falling in Republic of Korea?
Over the last ten years it is up 33.3%. 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 in the service sector, aged 15-64, local currency values, total. Statizoid updates them automatically from the source API.

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Median earnings per month in the service sector, aged 15-64, local in Republic of Korea. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-month-in-the-service-sector-aged-15-64-local-currency-values-total/korea-rep/

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About this data

Indicator
Median earnings per month in the service sector, aged 15-64, local currency values, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
76 places, 1,012 data points, 1970–2021
Last refreshed