Wages in Manufacturing in South Korea decreased to 3922407 KRW/Month in the fourth quarter of 2018 from 4067903 KRW/Month in the third quarter of 2018. Wages in Manufacturing in South Korea averaged 3346526.18 KRW/Month from 2008 until 2018, reaching an all time high of 4562783 KRW/Month in the first quarter of 2018 and a record low of 2520139 KRW/Month in the second quarter of 2008.
Wages in Manufacturing in South Korea is expected to be 4059000.00 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 5032000.00 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.