In 2024, the average monthly salary of regular employees in South Korea's capital, Seoul, amounted to about four million South Korean won, down from about 4.17 million won in the previous year. This put Seoul's salary level significantly above the national average.

In 2023, the average annual wage in South Korea fell to 47,715 U.S. dollars after adjusting for purchasing power parity (PPP). The average salary in South Korea showed a general trend of positive growth within the given period. The monthly wage was projected to reach over 5,400 U.S. dollars in 2040, the highest value among the surveyed countries. Work-life balance South Korea has some of the longest working hours in the world. Although working hours in the country have decreased over the past decade and measures such as flexible working hours have been implemented to promote a better work-life balance, South Korea still ranks among the top five countries with the longest working hours in the Organization for Economic Cooperation and Development (OECD) as of 2022. Many South Koreans tend to prefer working for a company that offers a good work-life balance rather than a company that offers a higher salary. This preference is especially strong among parents. Women in the job market While the employment rate of South Korean women has risen steadily over the past decade, the gender pay gap still exists. On average, female workers earned about 65 percent of their male equivalents’ income in 2022. The average monthly salary in South Korea was around 4.13 million South Korean won for men and about 2.68 million won for women that year.

In 2022, the average monthly salary of a male employee in South Korea was about 4.14 million South Korean won, with men in their fifties earning the highest average wage of all age groups. This was closely followed by employees in their forties.

In 2023, employees in managerial positions in South Korea received the highest salaries of all occupational groups, with an average salary of around 10.4 million South Korean won per month. Professionals followed in second place with a salary of about four million won.

Wages in South Korea decreased to 4491305 KRW/Month in the fourth quarter of 2024 from 4517147 KRW/Month in the third quarter of 2024. This dataset provides - South Korea Total Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the average salary of South Korean employees, which includes fixed salary and overtime pay, amounted to around 3.27 million South Korean won, a slight increase from the previous year. Average salary levels in South Korea have risen steadily over the past decade. Working conditions in South Korea The working conditions in South Korea have also generally improved in recent years. For example, the average monthly working hours of employees work has steadily declined. At the same time, more and more wage and salary workers have taken advantage of flexible work arrangements such as flextime or working from home. However, there is still room for improvement in some areas – working hours are still very long compared with the international average, and working from home is not as widespread in small and medium-sized enterprises as in large companies. Working from home Between 2019 and 2023, there was a significant increase in the number of employees working from home, with the figure rising more than sevenfold. This surge was primarily driven by the COVID-19 pandemic. However, as the pandemic gradually subsided and restrictions eased, there has been a decline in the number of individuals working remotely.

Wages in Manufacturing in South Korea increased to 5150250 KRW/Month in the fourth quarter of 2024 from 5076250 KRW/Month in the third quarter of 2024. This dataset provides - South Korea Total Monthly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Explore the progression of average salaries for graduates in Korean Studies from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Korean Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Korean Studies, providing a clear picture of financial prospects post-graduation.

In 2023, the average monthly salary of a male employee in South Korea was around 4.26 million South Korean won. A female employee earned around 2.78 million won, significantly less than a male employee. This disparity highlights a significant gender pay gap in the country.

Explore the progression of average salaries for graduates in Korean Traditional Dance from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Korean Traditional Dance relative to other fields. This data is essential for students assessing the return on investment of their education in Korean Traditional Dance, providing a clear picture of financial prospects post-graduation.

Minimum Wages in South Korea increased to 10030 KRW/Hour in 2025 from 9860 KRW/Hour in 2024. This dataset provides - South Korea Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea HIES: AS: Monthly Average Income (AMI): Nominal data was reported at 6,969,400.947 KRW in Dec 2024. This records a decrease from the previous number of 7,256,445.774 KRW for Sep 2024. South Korea HIES: AS: Monthly Average Income (AMI): Nominal data is updated quarterly, averaging 6,305,739.633 KRW from Mar 2019 (Median) to Dec 2024, with 24 observations. The data reached an all-time high of 7,288,781.579 KRW in Mar 2023 and a record low of 5,561,546.398 KRW in Dec 2019. South Korea HIES: AS: Monthly Average Income (AMI): Nominal data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H081: 2019 Household Income and Expenditure Survey: 2 or more Members: Salary and Wage Earner HH: Nominal.

Korea Wages: PE: OW: Business Facilities & Support Services: 1 to 4 data was reported at 3.809 KRW th in Jun 2018. This records a decrease from the previous number of 4.280 KRW th for May 2018. Korea Wages: PE: OW: Business Facilities & Support Services: 1 to 4 data is updated monthly, averaging 23.511 KRW th from Jan 2011 (Median) to Jun 2018, with 89 observations. The data reached an all-time high of 81.406 KRW th in Feb 2015 and a record low of 1.173 KRW th in Apr 2017. Korea Wages: PE: OW: Business Facilities & Support Services: 1 to 4 data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s Korea – Table KR.G049: Monthly Average Wages: By Industry and Size of Enterprise: KSIC 9th Revision.

Korea Wages: PE: OW: Info & Communication: 1 to 299 data was reported at 106.118 KRW th in Jun 2018. This records an increase from the previous number of 101.360 KRW th for May 2018. Korea Wages: PE: OW: Info & Communication: 1 to 299 data is updated monthly, averaging 76.594 KRW th from Jan 2011 (Median) to Jun 2018, with 90 observations. The data reached an all-time high of 109.998 KRW th in Apr 2015 and a record low of 42.290 KRW th in Jan 2011. Korea Wages: PE: OW: Info & Communication: 1 to 299 data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s Korea – Table KR.G049: Monthly Average Wages: By Industry and Size of Enterprise: KSIC 9th Revision.

Korea Wages: PE: Info & Communication: 1 to 299 data was reported at 3,851.637 KRW th in Jun 2018. This records a decrease from the previous number of 3,973.326 KRW th for May 2018. Korea Wages: PE: Info & Communication: 1 to 299 data is updated monthly, averaging 3,617.731 KRW th from Jan 2011 (Median) to Jun 2018, with 90 observations. The data reached an all-time high of 4,378.863 KRW th in Feb 2018 and a record low of 3,212.836 KRW th in Apr 2011. Korea Wages: PE: Info & Communication: 1 to 299 data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s Korea – Table KR.G049: Monthly Average Wages: By Industry and Size of Enterprise: KSIC 9th Revision.

South Korea HS: AS: 5 Quintile: Average Monthly Expenditure (AME) data was reported at 6,547,772.000 KRW in 2017. South Korea HS: AS: 5 Quintile: Average Monthly Expenditure (AME) data is updated yearly, averaging 6,547,772.000 KRW from Dec 2017 (Median) to 2017, with 1 observations. South Korea HS: AS: 5 Quintile: Average Monthly Expenditure (AME) data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H062: Household Income and Expenditure Survey (HS): by Income Quintile: All Salary and Wage Earner.

Korea HS: SW: Average Age of Household Head data was reported at 48.790 Year in Jun 2018. This records an increase from the previous number of 48.270 Year for Mar 2018. Korea HS: SW: Average Age of Household Head data is updated quarterly, averaging 42.740 Year from Mar 1990 (Median) to Jun 2018, with 114 observations. The data reached an all-time high of 48.820 Year in Dec 2017 and a record low of 37.110 Year in Mar 1990. Korea HS: SW: Average Age of Household Head data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H048: Household Income and Expenditure Survey (HS): Urban Salary and Wage Earner: Nominal.

In 2022, the average monthly salary of a female employee in South Korea was about 2.71 million South Korean won. Women in their thirties and forties earned the highest on average, at around 3.35 million won. The average salary of South Korean women was far below that of men.

Explore the progression of average salaries for graduates in Korean Medicine In Oriental Pediatrics from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Korean Medicine In Oriental Pediatrics relative to other fields. This data is essential for students assessing the return on investment of their education in Korean Medicine In Oriental Pediatrics, providing a clear picture of financial prospects post-graduation.

South Korea HS: UW: 4 Quintile: Average Age of Household Head data was reported at 46.090 Year in 2017. South Korea HS: UW: 4 Quintile: Average Age of Household Head data is updated yearly, averaging 46.090 Year from Dec 2017 (Median) to 2017, with 1 observations. South Korea HS: UW: 4 Quintile: Average Age of Household Head data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H063: Household Income and Expenditure Survey (HS): by Income Quintile: Urban Salary and Wage Earner.