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Compensation of Employees (Local Currency) in South Korea

Source: World Bank
Last Updated: February 1, 2023

Compensation of employees (local currency) reached KRW 53,767 bil in 2020 in South Korea, according to . This is 5.59% more than in the previous year.

Historically, Compensation of Employees (Local Currency) in South Korea reached an all time high of KRW 53,767 bil in 2020 and an all time low of KRW 112 bil in 1972.

South Korea has been ranked 2nd within the group of 111 countries we follow in terms of Compensation of Employees (Local Currency).

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