Real Gross Wage Growth rose 335% to 1.94% in South Korea in 2015, according to OECD.
Historically, Real Gross Wage Growth in South Korea reached an all time high of 10.5% in 1995 and an all time low of -2.91% in 1998.
South Korea has been ranked 30th within the group of 71 countries we follow in terms of Real Gross Wage Growth, 13 places above the position seen 10 years ago.
Real Gross Wage Growth | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
China | % | 8.98% | 9.25% | 7.46% | 7.49% | 8.62% | ||||||||||||||||
Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
India | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Japan | % | 1.92% | -2.31% | -0.609% | -2.59% | -0.498% | ||||||||||||||||
Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Russia | % | 3.09% | 8.88% | 5.12% | 1.25% | -10.8% | ||||||||||||||||
South Korea | % | 0.637% | -1.21% | 1.58% | -0.828% | 1.94% | ||||||||||||||||
Thailand | % | ... | ... | ... | ... | ... | 7.83% | 5.15% | 18.1% | 4.79% | -21.7% | |||||||||||
USA | % | -0.425% | 0.640% | -0.581% | 1.36% | 2.62% | ||||||||||||||||
Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.37% | 11.2% | 2.49% | 4.98% | 14.0% |