Wages in South Korea decreased to 3457189 KRW/Month in the second quarter of 2018 from 3917383 KRW/Month in the first quarter of 2018. Wages in South Korea averaged 3071344.74 KRW/Month from 2008 until 2018, reaching an all time high of 3917383 KRW/Month in the first quarter of 2018 and a record low of 2460239 KRW/Month in the second quarter of 2008.

South Korea Total Wages
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.20 7.10 3.00 percent [+]
Employed Persons 26837.00 26812.00 26922.00 20268.00 Thousand [+]
Unemployed Persons 1100.00 1122.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.40 63.50 63.90 48.50 percent [+]
Labour Costs 96.50 127.70 149.40 91.30 Index Points [+]
Productivity 109.20 105.60 109.70 53.50 Index Points [+]
Wages 3457189.00 3917383.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3692181.00 4562783.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 KRW/Hour [+]
Population 51.45 51.25 51.45 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 8.50 9.00 13.40 3.80 percent [+]
Employment Rate 61.20 61.20 61.60 56.10 percent [+]


South Korea Total Wages

In South Korea, wages are benchmarked using total salaries. This page provides - South Korea Total Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Total Wages - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3457189.00 3917383.00 3917383.00 2460239.00 2008 - 2018 KRW/Month Quarterly
Current Prices, NSA




Country Last
Argentina 42398.00 Jun/18
Australia 1207.40 Jun/18
Brazil 2222.00 Sep/18
Canada 24.87 Aug/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 302743.00 Sep/18
Mexico 351.80 Sep/18
Russia 42200.00 Sep/18
Singapore 5119.00 Jun/18
South Africa 20176.00 Jun/18
South Korea 3457189.00 Jun/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.89 Oct/18


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