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

South Korea: Real median earnings per month, aged 15-64, deflated to 2010 and PPP was 21.19 in 2017. ▲ Rising

Latest (2017)
21.19
Change on year
up 3.0%
World rank
8th
of 62 countries
All-time high
21.19
in 2017
All-time low
13.69
in 2010
Years of data
16
2001–2017

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

051015202001200920172001: 152002: 17.42003: 18.32004: 192005: 18.52007: 18.92008: 14.52009: 13.72010: 13.72011: 14.32012: 20.42013: 21.22014: 20.92015: 20.82016: 20.62017: 21.2

Source: World Bank.

Analysis

South Korea recorded 21.19 for real median earnings per month, aged 15-64, deflated to 2010 and ppp in 2017. That is the highest value across all 16 years on record.

That represents a change of up 3.0% on the previous year and up 11.8% over ten years.

Over the whole period, real median earnings per month, aged 15-64, deflated to 2010 and ppp in South Korea peaked at 21.19 in 2017 and was at its lowest, 13.69, in 2010.

That places South Korea 8th out of 62 countries with data for 2017, putting it 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 South Korea, year by year

Annual values for Real median earnings per month, aged 15-64, deflated to 2010 and PPP adjusted, urban in South Korea, 2001 to 2017.
Year Value Change
2001 14.99
2002 17.36 +15.8%
2003 18.32 +5.5%
2004 19.05 +4.0%
2005 18.54 -2.7%
2007 18.94 +2.2%
2008 14.48 -23.6%
2009 13.74 -5.1%
2010 13.69 -0.4%
2011 14.25 +4.1%
2012 20.39 +43.0%
2013 21.18 +3.9%
2014 20.92 -1.3%
2015 20.77 -0.7%
2016 20.57 -1.0%
2017 21.19 +3.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.93 13.74 19.05 8
2010s 19.12 13.69 21.19 8

Countries ranked near South Korea

  1. 5 United Kingdom 26.66 compare
  2. 6 Luxembourg 23.32 compare
  3. 7 Malta 22.2 compare
  4. 9 Ireland 21.06 compare
  5. 10 France 20.1 compare
  6. 11 Italy 18.34 compare

See the full ranking of 62 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is real median earnings per month, aged 15-64, deflated to 2010 and ppp in South Korea?
Real median earnings per month, aged 15-64, deflated to 2010 and ppp in South Korea was 21.19 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 South Korea?
The highest recorded value was 21.19 in 2017.
What is the lowest real median earnings per month, aged 15-64, deflated to 2010 and ppp recorded in South Korea?
The lowest recorded value was 13.69 in 2010.
How does South Korea rank for real median earnings per month, aged 15-64, deflated to 2010 and ppp?
South Korea ranks 8th out of 62 countries with data for 2017.
Is real median earnings per month, aged 15-64, deflated to 2010 and ppp rising or falling in South Korea?
Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
Where does this South 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, urban. 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 South Korea. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-month-aged-15-64-deflated-to-2010-and-ppp-adjusted-urban/korea-rep/

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About this data

Indicator
Real median earnings per month, aged 15-64, deflated to 2010 and PPP adjusted, urban
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
62 places, 817 data points, 1990–2021
Last refreshed