Wages in South Korea decreased to 3928819 KRW/Month in the second quarter of 2022 from 4505228 KRW/Month in the first quarter of 2022. source: Ministry of Employment and Labor, South Korea

Wages in South Korea averaged 3304507.55 KRW/Month from 2008 until 2022, reaching an all time high of 4505228 KRW/Month in the first quarter of 2022 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 November of 2022.

Wages in South Korea is expected to be 4282000.00 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 4551000.00 KRW/Month in 2023 and 4846000.00 KRW/Month in 2024, according to our econometric models.

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South Korea Total Wages

Related Last Previous Unit Reference
Wages 3928819.00 4505228.00 KRW/Month Jun 2022
Wages in Manufacturing 4220311.00 5232994.00 KRW/Month Jun 2022

South Korea Total Wages
In South Korea, wages are benchmarked using total salaries.
Actual Previous Highest Lowest Dates Unit Frequency
3928819.00 4505228.00 4505228.00 2460239.00 2008 - 2022 KRW/Month Quarterly
Current Prices, NSA