South Korea Minimum Wage
Minimum Wage: Daily
Minimum Wage: Daily data was reported at 78,880.000 KRW in Dec 2024. This stayed constant from the previous number of 78,880.000 KRW for Nov 2024. Minimum Wage: Daily data is updated monthly, averaging 26,320.000 KRW from Jan 1989 to Dec 2024, with 432 observations. The data reached an all-time high of 78,880.000 KRW in Dec 2024 and a record low of 4,800.000 KRW in Dec 1989. Minimum Wage: Daily data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s South Korea – Table KR.G072: Minimum Wage.
| Last | Frequency | Range |
|---|---|---|
| 78,880.000 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
View South Korea's Minimum Wage: Daily from Jan 1989 to Dec 2024 in the chart:
Minimum Wage: Hourly
Minimum Wage: Hourly data was reported at 9,860.000 KRW in Dec 2024. This stayed constant from the previous number of 9,860.000 KRW for Nov 2024. Minimum Wage: Hourly data is updated monthly, averaging 3,290.000 KRW from Jan 1989 to Dec 2024, with 432 observations. The data reached an all-time high of 9,860.000 KRW in Dec 2024 and a record low of 600.000 KRW in Dec 1989. Minimum Wage: Hourly data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s South Korea – Table KR.G072: Minimum Wage.
| Last | Frequency | Range |
|---|---|---|
| 9,860.000 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
View South Korea's Minimum Wage: Hourly from Jan 1989 to Dec 2024 in the chart:
Minimum Wage: Monthly
Minimum Wage: Monthly data was reported at 2,060,740.000 KRW in Dec 2024. This stayed constant from the previous number of 2,060,740.000 KRW for Nov 2024. Minimum Wage: Monthly data is updated monthly, averaging 1,795,310.000 KRW from Jan 2016 to Dec 2024, with 108 observations. The data reached an all-time high of 2,060,740.000 KRW in Dec 2024 and a record low of 1,260,270.000 KRW in Dec 2016. Minimum Wage: Monthly data remains active status in CEIC and is reported by Ministry of Labour. The data is categorized under Global Database’s South Korea – Table KR.G072: Minimum Wage.
| Last | Frequency | Range |
|---|---|---|
| 2,060,740.000 Dec 2024 | monthly | Jan 2016 - Dec 2024 |