Wages in Manufacturing in South Korea increased to 5045058 KRW/Month in the third quarter of 2025 from 4689233 KRW/Month in the second quarter of 2025. Wages in Manufacturing in South Korea averaged 3837395.65 KRW/Month from 2008 until 2025, reaching an all time high of 5582097.00 KRW/Month in the first quarter of 2025 and a record low of 2520139.00 KRW/Month in the second quarter of 2008. source: Ministry of Employment and Labor, South Korea
Wages in Manufacturing in South Korea is expected to be 5900000.00 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 Monthly Wages in Manufacturing is projected to trend around 67000000.00 KRW/Month in 2026 and 70000000.00 KRW/Month in 2027, according to our econometric models.