South Korea Total Wages  2008-2017 | Data | Chart | Calendar | Forecast

Wages in South Korea increased to 3480465 KRW/Month in the fourth quarter of 2016 from 3465763 KRW/Month in the third quarter of 2016. Wages in South Korea averaged 2987463.61 KRW/Month from 2008 until 2016, reaching an all time high of 3534203 KRW/Month in the first quarter of 2016 and a record low of 2460239 KRW/Month in the second quarter of 2008.

South Korea Total Wages
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 4.00 7.10 2.90 percent [+]
Employed Persons 26622.00 26541.00 26622.00 20275.00 Thousand [+]
Unemployed Persons 1023.00 1108.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 62.80 62.20 63.50 48.50 percent [+]
Labour Costs 138.70 123.30 149.70 91.30 Index Points [+]
Productivity 96.30 96.40 104.20 53.50 Index Points [+]
Wages 3480465.00 3465763.00 3534203.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3870051.00 3727377.00 3988066.00 2520139.00 KRW/Month [+]
Minimum Wages 6470.00 6030.00 6470.00 600.00 KRW/Hour [+]
Population 50.80 50.60 50.80 25.00 Million [+]
Retirement Age Women 60.00 55.00 60.00 55.00 [+]
Retirement Age Men 60.00 55.00 60.00 55.00 [+]
Youth Unemployment Rate 11.30 12.50 13.40 3.80 percent [+]
Employment Rate 60.20 59.10 61.20 56.10 percent [+]


South Korea Total Wages Notes

In South Korea, wages are benchmarked using total salaries. This page provides - South Korea Total Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Total Wages - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3480465.00 3465763.00 3534203.00 2460239.00 2008 - 2016 KRW/Month Quarterly
Current Prices, NSA



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