Wages in South Korea increased to 4973731 KRW/Month in the first quarter of 2026 from 4708760 KRW/Month in the fourth quarter of 2025. Wages in South Korea averaged 3542844.90 KRW/Month from 2008 until 2026, reaching an all time high of 4973731.00 KRW/Month in the first quarter of 2026 and a record low of 2460239.00 KRW/Month in the second quarter of 2008. source: Ministry of Employment and Labor, South Korea
Wages in South Korea is expected to be 4609000.00 KRW/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Total Wages is projected to trend around 4700000.00 KRW/Month in 2027 and 4850000.00 KRW/Month in 2028, according to our econometric models.