Wages in South Korea decreased to 4087406 KRW/Month in the fourth quarter of 2021 from 4107606 KRW/Month in the third quarter of 2021. source: Ministry of Employment and Labor, South Korea

Wages in South Korea averaged 3271917.70 KRW/Month from 2008 until 2021, reaching an all time high of 4187464 KRW/Month in the first quarter of 2021 and a record low of 2460239 KRW/Month in the second quarter of 2008. This page provides - South Korea Total Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Total Wages - values, historical data and charts - was last updated on May of 2022.

Wages in South Korea is expected to be 4156000.00 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 4211000.00 KRW/Month in 2023, according to our econometric models.

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South Korea Total Wages

Related Last Previous Unit Reference
Wages 4087406.00 4107606.00 KRW/Month Dec 2021
Wages in Manufacturing 4563390.00 4512938.00 KRW/Month Dec 2021

South Korea Total Wages
In South Korea, wages are benchmarked using total salaries.
Actual Previous Highest Lowest Dates Unit Frequency
4087406.00 4107606.00 4187464.00 2460239.00 2008 - 2021 KRW/Month Quarterly
Current Prices, NSA