Wages in Manufacturing in South Korea decreased to 3804036 KRW/Month in the second quarter of 2019 from 4654149 KRW/Month in the first quarter of 2019. Wages in Manufacturing in South Korea averaged 3388839.57 KRW/Month from 2008 until 2019, reaching an all time high of 4654149 KRW/Month in the first quarter of 2019 and a record low of 2520139 KRW/Month in the second quarter of 2008.

Wages in Manufacturing in South Korea is expected to be 4349000.00 KRW/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in South Korea to stand at 4244000.00 in 12 months time. In the long-term, the South Korea Total Monthly Wages in Manufacturing is projected to trend around 4717000.00 KRW/Month in 2020, according to our econometric models.

South Korea Total Monthly Wages in Manufacturing
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.10 7.10 3.00 percent [+]
Employed Persons 27159.00 27196.00 27196.00 20268.00 Thousand [+]
Unemployed Persons 954.00 867.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.50 63.30 64.20 48.50 percent [+]
Labour Costs 129.90 103.50 129.90 69.00 Index Points [+]
Productivity 108.00 111.30 111.50 53.50 Index Points [+]
Wages 3585588.00 4021244.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3804036.00 4654149.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 KRW/Hour [+]
Population 51.61 51.36 51.61 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 7.40 7.10 13.40 3.80 percent [+]
Employment Rate 61.50 61.40 61.60 56.10 percent [+]


South Korea Total Monthly Wages in Manufacturing

This page provides - South Korea Total Monthly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Total Monthly Wages in Manufacturing - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3804036.00 4654149.00 4654149.00 2520139.00 2008 - 2019 KRW/Month Quarterly
Current Prices, NSA




Country Last Previous
Australia 1338.30 Jun/19
Brazil 2285.00 Jul/19
Canada 26.05 Jul/19
China 72088.00 Dec/18
France 103.60 Jun/19
Germany 165.00 Jul/19
India 347.30 Dec/14
Indonesia 2653267.53 Mar/19
Italy 102.70 Aug/19
Japan 342888.00 Aug/19
Mexico 2.60 Jul/19
Netherlands 117.80 Sep/19
Russia 45105.00 Jul/19
South Africa 18798.00 Jun/19
South Korea 3804036.00 Jun/19
Switzerland 112.40 Dec/18
Turkey 194.11 Jun/19
United Kingdom 619.00 Aug/19
United States 22.25 Sep/19


Related

Latest