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Minimum Wage (As % of Gross Wage) in South Korea

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

Minimum wage (as % of gross wage) reached 40.8% in 2014 in South Korea, according to . This is 6.72% more than in the previous year.

Historically, Minimum Wage (As % of Gross Wage) in South Korea reached an all time high of 40.8% in 2014 and an all time low of 22.7% in 1996.

South Korea has been ranked 14th within the group of 38 countries we follow in terms of Minimum Wage (As % of Gross Wage).

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