SOTWStatistics of the World

Statutory minimum wage per month, US$ (ILOSTAT): South Korea

The latest reading SOTW holds for South Korea is 1,511 USD per month for 2024, from ILOSTAT.

Source series · Listed tier · Labor · Annual · USD per month · ILO.L.MINWAGE.USD.A · KOR

Listed tier: bulk-loaded from the publisher's file as published; not individually reviewed by SOTW.

Latest
1,511
USD per month · 2024
Previous
1,540
USD per month · 2023
Earliest held
320
USD per month · 2000
Readings shown
25
Every reading SOTW holds

South Korea · history

USD per month · Annual

Source: ILOSTAT. Viewer read 2026-11-12T03:19:23.226Z (UTC); publisher acquisition and release times are not supplied here. Original units; no interpolation, rebasing or conversion. Missing periods and stored U/B flags interrupt the line. Daily gaps can include non-business days.

Readings, newest first

Statutory minimum wage per month, US$ (ILOSTAT): South Korea: 25 readings, newest first. Source: ILOSTAT.
PeriodValue (USD per month)
20241,511
20231,540
20221,482
20211,593
20201,521
20191,498
20181,430
20171,196
20161,086
20151,031
20141,034
2013928
2012849
2011815
2010803
2009708
2008774
2007846
2006733
2005627
2004495
2003431
2002379
2001327
2000320

Source: ILOSTAT. All 25 readings held, 2000 to 2024. n/a means the source value is missing or withheld.

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