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

Republic of Korea: Real median earnings per month, aged 15-64, deflated to 2010 and PPP was 20.18 in 2017. ▲ Rising

Latest (2017)
20.18
Change on year
down 1.9%
World rank
8th
of 61 countries
All-time high
20.57
in 2016
All-time low
11.74
in 2009
Years of data
16
2001–2017

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

051015202001200920172001: 152002: 14.62003: 15.52004: 16.32005: 16.52007: 18.42008: 14.52009: 11.72010: 14.82011: 14.32012: 17.22013: 19.12014: 18.82015: 19.72016: 20.62017: 20.2

Source: World Bank.

Analysis

Republic of Korea recorded 20.18 for real median earnings per month, aged 15-64, deflated to 2010 and ppp in 2017.

That represents a change of down 1.9% on the previous year and up 9.4% over ten years.

Over the whole period, real median earnings per month, aged 15-64, deflated to 2010 and ppp in Republic of Korea peaked at 20.57 in 2016 and was at its lowest, 11.74, in 2009.

Republic of Korea ranks 8th of 61 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 16 years of available data.

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

Annual values for Real median earnings per month, aged 15-64, deflated to 2010 and PPP adjusted, rural in Republic of Korea, 2001 to 2017.
Year Value Change
2001 14.99
2002 14.59 -2.7%
2003 15.5 +6.3%
2004 16.32 +5.3%
2005 16.55 +1.4%
2007 18.44 +11.4%
2008 14.48 -21.5%
2009 11.74 -18.9%
2010 14.83 +26.3%
2011 14.25 -3.9%
2012 17.17 +20.4%
2013 19.07 +11.1%
2014 18.83 -1.3%
2015 19.73 +4.8%
2016 20.57 +4.2%
2017 20.18 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.33 11.74 18.44 8
2010s 18.08 14.25 20.57 8

Countries ranked near Republic of Korea

  1. 5 Luxembourg 25.65 compare
  2. 6 Germany 23.63 compare
  3. 7 Ireland 20.57 compare
  4. 9 France 17.89 compare
  5. 10 Italy 17.44 compare
  6. 11 Spain 13.74 compare

See the full ranking of 61 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is real median earnings per month, aged 15-64, deflated to 2010 and ppp in Republic of Korea?
Real median earnings per month, aged 15-64, deflated to 2010 and ppp in Republic of Korea was 20.18 in 2017, according to the World Bank.
What is the highest real median earnings per month, aged 15-64, deflated to 2010 and ppp recorded in Republic of Korea?
The highest recorded value was 20.57 in 2016.
What is the lowest real median earnings per month, aged 15-64, deflated to 2010 and ppp recorded in Republic of Korea?
The lowest recorded value was 11.74 in 2009.
How does Republic of Korea rank for real median earnings per month, aged 15-64, deflated to 2010 and ppp?
Republic of Korea ranks 8th out of 61 countries with data for 2017.
Is real median earnings per month, aged 15-64, deflated to 2010 and ppp rising or falling in Republic of Korea?
Over the last ten years it is up 9.4%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from the World Bank, published as part of Real median earnings per month, 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 month, aged 15-64, deflated to 2010 and PPP in Republic of Korea. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-month-aged-15-64-deflated-to-2010-and-ppp-adjusted-rural/korea-rep/

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About this data

Indicator
Real median earnings per month, aged 15-64, deflated to 2010 and PPP adjusted, rural
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
61 places, 798 data points, 1990–2021
Last refreshed