Wages in Manufacturing in South Korea increased to 6012671 KRW/Month in the first quarter of 2026 from 5414003 KRW/Month in the fourth quarter of 2025. Wages in Manufacturing in South Korea averaged 3888791.30 KRW/Month from 2008 until 2026, reaching an all time high of 6012671.00 KRW/Month in the first quarter of 2026 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 4700000.00 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 54000000.00 KRW/Month in 2027 and 55000000.00 KRW/Month in 2028, according to our econometric models.