Wages in South Korea increased to 4708760 KRW/Month in the fourth quarter of 2025 from 4531450 KRW/Month in the third quarter of 2025. Wages in South Korea averaged 3522971.49 KRW/Month from 2008 until 2025, reaching an all time high of 4830873.00 KRW/Month in the first quarter of 2025 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 4995000.00 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 4500000.00 KRW/Month in 2027, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 27986.00 28209.00 Thousand Jan 2026
Employment Change 0.40 0.60 Percent Jan 2026
Employment Rate 61.00 61.50 percent Jan 2026
Labor Force Participation Rate 64.70 64.80 percent Jan 2026
Minimum Wages 10320.00 10030.00 KRW/Hour Dec 2026
Population 51.69 51.75 Million Dec 2025
Productivity 96.10 101.50 points Sep 2025
Retirement Age Men 60.00 60.00 Years Dec 2026
Retirement Age Women 60.00 60.00 Years Dec 2026
Unemployed Persons 1211.00 1217.00 Thousand Jan 2026
Unemployment Rate 3.00 3.30 percent Jan 2026
Wages 4708760.00 4531450.00 KRW/Month Dec 2025
Wages in Manufacturing 5414003.00 5045058.00 KRW/Month Dec 2025
Youth Unemployment Rate 6.80 6.20 percent Jan 2026


South Korea Total Wages
In South Korea, wages are benchmarked using total salaries.
Actual Previous Highest Lowest Dates Unit Frequency
4708760.00 4531450.00 4830873.00 2460239.00 2008 - 2025 KRW/Month Quarterly
Current Prices, NSA

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