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

Republic of Korea: Real median earnings per hour, aged 15-64, deflated to 2010 and PPP was 0.1161 in 2017. ◆ Volatile

Latest (2017)
0.1161
Change on year
up 0.5%
World rank
8th
of 63 countries
All-time high
0.28
in 2010
All-time low
0.0677
in 2001
Years of data
16
2001–2017

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

0.050.10.150.20.250.32001200920172001: 0.0682002: 0.0722003: 0.0772004: 0.0782005: 0.0812007: 0.0882008: 0.2362009: 0.232010: 0.282011: 0.2522012: 0.0932013: 0.1022014: 0.1072015: 0.1082016: 0.1152017: 0.116

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Republic of Korea is 0.1161, measured in 2017.

The figure is up 0.5% on the previous year and up 32.2% over ten years.

Over the whole period, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Republic of Korea peaked at 0.28 in 2010 and was at its lowest, 0.0677, in 2001.

That places Republic of Korea 8th out of 63 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 Republic of Korea, year by year

Annual values for Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, rural in Republic of Korea, 2001 to 2017.
Year Value Change
2001 0.0677
2002 0.0719 +6.3%
2003 0.0772 +7.3%
2004 0.0783 +1.4%
2005 0.0807 +3.0%
2007 0.0878 +8.9%
2008 0.236 +168.8%
2009 0.2297 -2.7%
2010 0.28 +21.9%
2011 0.2524 -9.9%
2012 0.0926 -63.3%
2013 0.1016 +9.7%
2014 0.107 +5.3%
2015 0.1076 +0.5%
2016 0.1155 +7.4%
2017 0.1161 +0.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1162 0.0677 0.236 8
2010s 0.1466 0.0926 0.28 8

Countries ranked near Republic of Korea

  1. 5 Luxembourg 0.153 compare
  2. 6 Germany 0.1439 compare
  3. 7 Ireland 0.1398 compare
  4. 9 France 0.1125 compare
  5. 10 Italy 0.1065 compare
  6. 11 Spain 0.0835 compare

See the full ranking of 63 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 15-64, deflated to 2010 and ppp in Republic of Korea?
Real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Republic of Korea was 0.1161 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 Republic of Korea?
The highest recorded value was 0.28 in 2010.
What is the lowest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in Republic of Korea?
The lowest recorded value was 0.0677 in 2001.
How does Republic of Korea rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
Republic of Korea ranks 8th out of 63 countries with data for 2017.
Is real median earnings per hour, aged 15-64, deflated to 2010 and ppp rising or falling in Republic of Korea?
Over the last ten years it is up 32.2%. 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 15-64, deflated to 2010 and PPP adjusted, rural. 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 Republic of Korea. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-rural/korea-rep/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, rural
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
63 places, 823 data points, 1990–2021
Last refreshed