Average annual wage in South Korea
Average annual wage in South Korea was 61,259 USD at PPP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 0.6% from 2024. That is the 15th highest of 36 countries in 2024.
Average annual wage in South Korea, 1990 to 2025
All 36 values
| Period | USD at PPP |
|---|---|
| 2025 | 61,259 |
| 2024 | 60,909 |
| 2023 | 59,198 |
| 2022 | 58,697 |
| 2021 | 59,842 |
| 2020 | 59,419 |
| 2019 | 58,082 |
| 2018 | 56,176 |
| 2017 | 54,320 |
| 2016 | 53,214 |
| 2015 | 51,769 |
| 2014 | 50,476 |
| 2013 | 50,369 |
| 2012 | 49,251 |
| 2011 | 50,160 |
| 2010 | 49,550 |
| 2009 | 48,589 |
| 2008 | 48,524 |
| 2007 | 48,638 |
| 2006 | 47,639 |
| 2005 | 46,970 |
| 2004 | 45,501 |
| 2003 | 44,501 |
| 2002 | 42,971 |
| 2001 | 41,516 |
| 2000 | 40,011 |
| 1999 | 39,709 |
| 1998 | 39,179 |
| 1997 | 39,515 |
| 1996 | 40,348 |
| 1995 | 38,521 |
| 1994 | 34,949 |
| 1993 | 34,147 |
| 1992 | 32,190 |
| 1991 | 30,744 |
| 1990 | 29,498 |
Rankings
Definition
Average annual gross wage per full-time equivalent employee in the whole economy, in US dollars at constant prices and purchasing power parities for private consumption of the OECD's current base year. The OECD divides the national accounts wage bill by the average number of employees and converts the result to full-time equivalents with usual weekly hours.
A mean, not a median, so high earners pull it up. The OECD moves the price base forward each year and restates every past year, so values change when a new base is published; the source title names the base year.
How to cite
OECD. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40AV_AN_WAGE&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.htmlUse this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest average annual wage in South Korea? Cite the source.
get_value {"indicator":"average_annual_wage_usd_ppp","place":"kr"}
GET https://invokely.ai/api/v1/value?indicator=average_annual_wage_usd_ppp&place=krQuestions
What is the average annual wage in South Korea?
Average annual wage in South Korea was 61,259 USD at PPP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 0.6% from 2024. That is the 15th highest of 36 countries in 2024.
Where does this figure come from?
Organisation for Economic Co-operation and Development. OECD Average annual wages: total economy, per full-time equivalent employee, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@AV_AN_WAGE). Retrieved by Invokely on 2026-10-12.
What was the highest average annual wage in South Korea?
61,259 USD at PPP in 2025, the highest value since 1990 in this series.