Minimum wage in South Korea stood at 28,581 USD PPP in 2025, according to OECD. The latest value is down 0.4% from 28,694 USD PPP in 2024. Ten years earlier, in 2015, the value was 19,546 USD PPP (up 46% since). The highest value since 2000 was 28,694 USD PPP in 2024, the lowest 9,606 USD PPP in 2000. South Korea ranked 10th highest of the 36 countries in this dataset in 2025; Netherlands ranked first.
Data source: OECD · Unit: USD PPP · Category: Labor and Employment · Explore more indicators on EconDash
Minimum wage in South Korea stood at 28,581 USD PPP in 2025, according to OECD.
The latest value is down 0.4% from 28,694 USD PPP in 2024. Ten years earlier, in 2015, the value was 19,546 USD PPP (up 46% since).
South Korea ranked 10th highest of the 36 countries in this dataset in 2025; Netherlands ranked first.
The highest value since 2000 was 28,694 USD PPP in 2024, the lowest 9,606 USD PPP in 2000.
| Indicator | Minimum wage |
|---|---|
| Country | South Korea |
| Category | Labor and Employment |
| Unit | USD PPP |
| Source | OECD |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
Loading chart...
OECD. (2026). Minimum wage — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/minimum-wage/KOR. Original source: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40RMW&df[ag]=OECD.ELS.SAE&df[vs]=1.0
OECD. "Minimum wage — South Korea." EconDash, 2026, https://econdash.org/chart/minimum-wage/KOR. Accessed 13 Nov. 2026. Original source: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40RMW&df[ag]=OECD.ELS.SAE&df[vs]=1.0.
OECD. 2026. "Minimum wage — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/minimum-wage/KOR. Original source: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40RMW&df[ag]=OECD.ELS.SAE&df[vs]=1.0.
@misc{econdash_minimum_wage_kor,
author = {{OECD}},
title = {{Minimum wage --- South Korea}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/minimum-wage/KOR},
note = {Accessed: 2026-11-13. Original source: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ\&df[id]=DSD\_EARNINGS\%40RMW\&df[ag]=OECD.ELS.SAE\&df[vs]=1.0}
}Browse indicators available for South Korea. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
| Demographics | 51 indicators |
|---|---|
| Healthcare | 38 indicators |
| Macroeconomics | 146 indicators |
| Real Estate | 4 indicators |
| Education | 38 indicators |
| Commodities and Energy | 107 indicators |
| Technology and Internet | 9 indicators |
| Transport and Logistics | 18 indicators |
| Labor and Employment | 38 indicators |
| Financial Markets | 11 indicators |
| Total indicators | 460 |