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 0.0828 in 2017. ◆ Volatile

Latest (2017)
0.0828
Change on year
up 6.3%
World rank
10th
of 64 countries
All-time high
0.2103
in 2011
All-time low
0.0483
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

0.050.10.150.22001200920172001: 0.0482002: 0.052003: 0.0532004: 0.0522005: 0.0532007: 0.0542008: 0.1482009: 0.182010: 0.2072011: 0.212012: 0.0632013: 0.0692014: 0.0722015: 0.0762016: 0.0782017: 0.083

Source: World Bank.

Analysis

In 2017, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea stood at 0.0828.

Compared with earlier readings it is up 6.3% on the previous year and up 52.0% 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 0.2103 in 2011 and was at its lowest, 0.0483, in 2001.

South Korea ranks 10th of 64 countries on this measure, 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, primary education and below in South Korea, 2001 to 2017.
Year Value Change
2001 0.0483
2002 0.0504 +4.3%
2003 0.0528 +4.8%
2004 0.0522 -1.2%
2005 0.0527 +1.1%
2007 0.0545 +3.3%
2008 0.1481 +171.7%
2009 0.1802 +21.6%
2010 0.2072 +15.0%
2011 0.2103 +1.5%
2012 0.0633 -69.9%
2013 0.0691 +9.1%
2014 0.0722 +4.5%
2015 0.0761 +5.3%
2016 0.0779 +2.5%
2017 0.0828 +6.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0799 0.0483 0.1802 8
2010s 0.1074 0.0633 0.2103 8

Countries ranked near South Korea

  1. 7 France 0.0986 compare
  2. 8 Germany 0.0962 compare
  3. 9 Italy 0.0868 compare
  4. 11 Spain 0.0744 compare
  5. 12 Cyprus 0.0667 compare
  6. 13 Slovenia 0.0645 compare

See the full ranking of 64 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 0.0828 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 0.2103 in 2011.
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 0.0483 in 2001.
How does South Korea rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
South Korea ranks 10th out of 64 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 52.0%. 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, primary education and below. 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 27 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-primary/korea-rep/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, primary education and below
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
64 places, 845 data points, 1990–2021
Last refreshed