Minimum Monthly Wage (Local Currency) rose 0% to in South Korea in 2015, according to National Statistical Office, National Central Bank, OECD.
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 th within the group of 30 countries we follow in terms of Minimum Monthly Wage (Local Currency), 2 places above the position seen 10 years ago.
| Minimum Monthly Wage (Local Currency) | Unit | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| Cambodia | KHR | 61.0 | 80.0 | ... | ... | ... | ... | ... | ||||||||||||||
| China | CNY | 1,260 | 1,400 | ... | ... | ... | ... | ... | ||||||||||||||
| Dem. People's Republic of Korea | KPW | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| India | INR | ... | ... | 2,990 | 2,990 | ... | ... | ... | ... | ... | ||||||||||||
| Japan | JPY | 128,267 | 130,477 | 133,120 | ... | ... | ... | ... | ||||||||||||||
| Laos | LAK | ... | ... | 626,000 | 626,000 | ... | ... | ... | ... | ... | ||||||||||||
| Russia | RUB | 4,611 | 5,205 | 6,480 | ... | ... | ... | ... | ||||||||||||||
| South Korea | KRW | 957,220 | 1,015,740 | 1,088,890 | ... | ... | ... | ... | ||||||||||||||
| Thailand | THB | 7,800 | 7,800 | ... | ... | ... | ... | ... | ||||||||||||||
| USA | USD | 1,257 | 1,257 | 1,257 | 1,257 | 1,257 | ||||||||||||||||
| Vietnam | VND | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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