Real minimum wage per hour, US$ at purchasing power parity (OECD): South Korea
The latest reading SOTW holds for South Korea is 11.40 PPP USD per hour for 2025, from OECD.
Source series · Listed tier · Labor · Annual · PPP USD per hour · OECD.L.MINWAGE.REAL.HOURLY.PPP.A · KOR
Listed tier: bulk-loaded from the publisher's file as published; not individually reviewed by SOTW.
- Latest
- 11.40
- PPP USD per hour · 2025
- Previous
- 11.44
- PPP USD per hour · 2024
- Earliest held
- 3.54
- PPP USD per hour · 2000
- Readings shown
- 26
- Every reading SOTW holds
South Korea · history
PPP USD per hour · Annual
Readings, newest first
| Period | Value (PPP USD per hour) |
|---|---|
| 2025 | 11.40 |
| 2024 | 11.44 |
| 2023 | 11.42 |
| 2022 | 11.27 |
| 2021 | 11.27 |
| 2020 | 11.38 |
| 2019 | 11.12 |
| 2018 | 10.07 |
| 2017 | 8.78 |
| 2016 | 8.34 |
| 2015 | 7.79 |
| 2014 | 7.33 |
| 2013 | 6.92 |
| 2012 | 6.61 |
| 2011 | 6.37 |
| 2010 | 6.30 |
| 2009 | 6.32 |
| 2008 | 6.12 |
| 2007 | 5.91 |
| 2006 | 5.40 |
| 2005 | 5.21 |
| 2004 | 4.79 |
| 2003 | 4.46 |
| 2002 | 4.23 |
| 2001 | 3.92 |
| 2000 | 3.54 |
Source: OECD. All 26 readings held, 2000 to 2025. n/a means the source value is missing or withheld.