South Korea Average Hourly Earnings 2022: $27.58
South Korea's average hourly earnings in 2022 is $27.58, up 20.7% from 2021. It ranks #6 of 52 countries.
Average hourly earnings compare employee pay rates globally, offering insights into wage disparities and economic strength.
Source (2022): Average hourly earnings of employees | Our World in Data
Where South Korea ranks (2022)
#6 of 52- #4
Canada28.27 USD - #5
Iceland28.04 USD - #6
South Korea27.58 USD - #7
Finland26.03 USD - #8
Sweden25.41 USD
Average Hourly Earnings over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2022 | 27.58 USD | +4.73 USD | +20.71% | |
| 2021 | 22.85 USD | +0.75 USD | +3.39% | |
| 2020 | 22.1 USD | 1.34 USD | -5.73% | |
| 2019 | 23.44 USD | +1.08 USD | +4.83% | |
| 2018 | 22.36 USD | +2.69 USD | +13.69% | |
| 2017 | 19.67 USD | +0.24 USD | +1.25% | |
| 2016 | 19.43 USD | +0.52 USD | +2.76% | |
| 2015 | 18.9 USD | 0.3 USD | -1.59% | |
| 2014 | 19.21 USD | +0.3 USD | +1.60% | |
| 2013 | 18.91 USD | +0.25 USD | +1.31% | |
| 2012 | 18.66 USD | +2.04 USD | +12.31% | |
| 2010 | 16.62 USD | — | — |
Frequently Asked Questions About South Korea Average Hourly Earnings
What is South Korea's average hourly earnings in 2022?▾
South Korea's average hourly earnings is $27.58 in 2022, according to Average hourly earnings of employees | International Labour Organization via Our World in Data.
Is South Korea's average hourly earnings increasing or decreasing?▾
South Korea's average hourly earnings rose by 20.7% from 2021 ($22.85) to 2022 ($27.58). Over the past decade (2012–2022) it rose by 47.8%.
How does South Korea rank for average hourly earnings?▾
In 2022, South Korea has the 6th highest average hourly earnings out of 52 countries with data.
What was South Korea's average hourly earnings in 2010?▾
In 2010, South Korea's average hourly earnings was $16.62. By 2022 it rose by 66.0%.
Explore additional statistical insights
Gender Wage Gap in South Korea
Gender wage gap measures income disparity between men and women. Discover which countries have the highest and lowest gaps.
Milk Production Volume in South Korea
Milk production volume measures the total amount of milk produced in a country annually, highlighting agricultural capacity.
AI Investment (% of GDP) in South Korea
AI investment as a percentage of GDP measures a country's commitment to AI development and innovation, influencing global competitiveness.
Time Required to Start a Business in South Korea
Time required to start a business varies globally, highlighting efficiency in regulatory environments and economic growth potential.
Bank Account Ownership Rate in South Korea
Bank account ownership rate indicates financial inclusion levels among adults globally, highlighting economic access.
Commercial Bank Prime Lending Rate (%) in South Korea
Commercial Bank Prime Lending Rate measures the interest banks charge to their most creditworthy customers. Compare rates across countries and explore tren