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 0.125 in 2017. ◆ Volatile

Latest (2017)
0.125
Change on year
up 5.6%
World rank
13th
of 72 countries
All-time high
0.2956
in 2009
All-time low
0.0753
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

0.10.150.20.250.32001200920172001: 0.0752002: 0.0812003: 0.092004: 0.0852005: 0.0892007: 0.0972008: 0.2522009: 0.2962010: 0.2732011: 0.2762012: 0.112013: 0.1162014: 0.1182015: 0.1152016: 0.1182017: 0.125

Source: World Bank.

Analysis

In 2017, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in South Korea stood at 0.125.

Compared with earlier readings it is up 5.6% on the previous year and up 29.1% 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 0.2956 in 2009 and was at its lowest, 0.0753, in 2001.

That places South Korea 13th out of 72 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, total in South Korea, 2001 to 2017.
Year Value Change
2001 0.0753
2002 0.0806 +7.0%
2003 0.0901 +11.8%
2004 0.0854 -5.2%
2005 0.0889 +4.1%
2007 0.0969 +9.0%
2008 0.2516 +159.7%
2009 0.2956 +17.5%
2010 0.2734 -7.5%
2011 0.276 +0.9%
2012 0.1102 -60.1%
2013 0.1158 +5.0%
2014 0.1177 +1.6%
2015 0.1147 -2.5%
2016 0.1184 +3.2%
2017 0.125 +5.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.133 0.0753 0.2956 8
2010s 0.1564 0.1102 0.276 8

Countries ranked near South Korea

  1. 10 Belgium 0.1347 compare
  2. 11 Malta 0.1306 compare
  3. 12 Austria 0.1287 compare
  4. 14 France 0.1196 compare
  5. 15 Italy 0.1104 compare
  6. 16 Spain 0.0941 compare

See the full ranking of 72 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 0.125 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 0.2956 in 2009.
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 0.0753 in 2001.
How does South Korea rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
South Korea ranks 13th out of 72 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 29.1%. 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, total. 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 28 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-total/korea-rep/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 952 data points, 1990–2021
Last refreshed