Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Republic of Korea

Republic of Korea: Real median earnings per hour, aged 15-24, deflated to 2010 and PPP was 0.0829 in 2017. ◆ Volatile

Latest (2017)
0.0829
Change on year
up 5.1%
World rank
7th
of 67 countries
All-time high
0.3378
in 2009
All-time low
0.0549
in 2001
Years of data
16
2001–2017

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Republic of Korea, 2001–2017

0.10.20.32001200920172001: 0.0552002: 0.0582003: 0.0622004: 0.0592005: 0.0612007: 0.0672008: 0.1972009: 0.3382010: 0.1582011: 0.1152012: 0.0692013: 0.0762014: 0.0772015: 0.0752016: 0.0792017: 0.083

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Republic of Korea is 0.0829, measured in 2017.

That represents a change of up 5.1% on the previous year and up 24.1% over ten years.

Over the whole period, real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Republic of Korea peaked at 0.3378 in 2009 and was at its lowest, 0.0549, in 2001.

Republic of Korea ranks 7th of 67 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Republic of Korea, year by year

Annual values for Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted in Republic of Korea, 2001 to 2017.
Year Value Change
2001 0.0549
2002 0.0584 +6.4%
2003 0.0617 +5.7%
2004 0.0587 -4.9%
2005 0.0609 +3.8%
2007 0.0669 +9.7%
2008 0.1967 +194.2%
2009 0.3378 +71.7%
2010 0.1575 -53.4%
2011 0.1147 -27.2%
2012 0.0691 -39.7%
2013 0.0762 +10.2%
2014 0.077 +1.1%
2015 0.0747 -3.0%
2016 0.0789 +5.6%
2017 0.0829 +5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.112 0.0549 0.3378 8
2010s 0.0914 0.0691 0.1575 8

Countries ranked near Republic of Korea

  1. 4 Finland 0.0991 compare
  2. 5 Malta 0.0925 compare
  3. 6 Ireland 0.0919 compare
  4. 8 Luxembourg 0.0807 compare
  5. 9 Netherlands 0.077 compare
  6. 10 Italy 0.0661 compare

See the full ranking of 67 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Republic of Korea?
Real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Republic of Korea was 0.0829 in 2017, according to the World Bank.
What is the highest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Republic of Korea?
The highest recorded value was 0.3378 in 2009.
What is the lowest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Republic of Korea?
The lowest recorded value was 0.0549 in 2001.
How does Republic of Korea rank for real median earnings per hour, aged 15-24, deflated to 2010 and ppp?
Republic of Korea ranks 7th out of 67 countries with data for 2017.
Is real median earnings per hour, aged 15-24, deflated to 2010 and ppp rising or falling in Republic of Korea?
Over the last ten years it is up 24.1%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from the World Bank, published as part of Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Republic of Korea. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-24-deflated-to-2010-and-ppp-adjusted/korea-rep/

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About this data

Indicator
Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 885 data points, 1990–2021
Last refreshed