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Minimum Monthly Wage (Local Currency) in South Korea

Source: National Statistical Office, National Central Bank, OECD
Last Updated:

Minimum monthly wage (local currency) reached KRW 1,088,890 in 2014 in South Korea, according to . This is 7.20% more than in the previous year.

Historically, Minimum Monthly Wage (Local Currency) in South Korea reached an all time high of KRW 1,088,890 in 2014 and an all time low of KRW 114,000 in 1988.

South Korea has been ranked 1st within the group of 43 countries we follow in terms of Minimum Monthly Wage (Local Currency).

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