Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in South Korea

South Korea: Real median earnings per hour, aged 15-64, deflated to 2010 and PPP was 0.1451 in 2017. ◆ Volatile

Latest (2017)
0.1451
Change on year
down 1.9%
World rank
8th
of 67 countries
All-time high
0.3719
in 2010
All-time low
0.0913
in 2001
Years of data
16
2001–2017

Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in South Korea, 2001–2017

0.10.20.30.42001200920172001: 0.0912002: 0.0982003: 0.112004: 0.1042005: 0.1092007: 0.1182008: 0.2982009: 0.3282010: 0.3722011: 0.3572012: 0.1312013: 0.142014: 0.1432015: 0.1382016: 0.1482017: 0.145

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea is 0.1451, measured in 2017.

The figure is down 1.9% on the previous year and up 22.9% over ten years.

Over the whole period, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea peaked at 0.3719 in 2010 and was at its lowest, 0.0913, in 2001.

That places South Korea 8th out of 67 countries with data for 2017, putting it in the top quarter.

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

Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in South Korea, year by year

Annual values for Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, male in South Korea, 2001 to 2017.
Year Value Change
2001 0.0913
2002 0.0984 +7.7%
2003 0.1102 +12.0%
2004 0.1044 -5.3%
2005 0.1088 +4.3%
2007 0.1181 +8.5%
2008 0.2975 +152.0%
2009 0.3281 +10.3%
2010 0.3719 +13.3%
2011 0.3575 -3.9%
2012 0.1312 -63.3%
2013 0.1402 +6.8%
2014 0.1433 +2.2%
2015 0.1381 -3.6%
2016 0.1479 +7.1%
2017 0.1451 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1571 0.0913 0.3281 8
2010s 0.1969 0.1312 0.3719 8

Countries ranked near South Korea

  1. 5 United Kingdom 0.1739 compare
  2. 6 Palestine 0.1621 compare
  3. 7 Luxembourg 0.1476 compare
  4. 9 Ireland 0.1422 compare
  5. 10 Malta 0.1314 compare
  6. 11 France 0.1261 compare

See the full ranking of 67 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea?
Real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea was 0.1451 in 2017, according to the World Bank.
What is the highest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in South Korea?
The highest recorded value was 0.3719 in 2010.
What is the lowest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in South Korea?
The lowest recorded value was 0.0913 in 2001.
How does South Korea rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
South Korea ranks 8th out of 67 countries with data for 2017.
Is real median earnings per hour, aged 15-64, deflated to 2010 and ppp rising or falling in South Korea?
Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, male. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in South Korea. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-male/korea-rep/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, male
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 890 data points, 1990–2021
Last refreshed