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South Korea Minimum Hourly Wages

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annual
KRW/Hour
UTC+3
Previous value
on 31/12/2025
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Index description

The indicator represents the legally established minimum wage in the country — the lowest remuneration that employers are required to pay employees. It is used to assess the level of social protection and labor market conditions.

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Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(38597, date)

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Subgroup indices

Index Current value Date
Angola Minimum Wages in Agriculture 32,181.2 AOA/Month 31/12/2026
Armenia Gross Minimum Monthly Wage 75,000 AMD/Month 01/01/2026
Australia Minimum Weekly Wage 1,004.9 AUD/week 01/07/2026
Azerbaijan Net Minimum Wages 400 AZN/Month 01/01/2026
Bangladesh Minimum Wages 12,500 BDT/Month 31/12/2026
Belarus Minimum Wages 858 BYN/Month 01/01/2026
Bolivia Minimum Monthly Wage 3,300 BOB/Month 31/12/2026
Cambodia Minimum Wages 210 USD/Month 31/01/2026
Canada Minimum Hourly Wages in Ontario 18 CAD/Hour 01/10/2026
Cape Verde Minimum Wages in the Private Sector 13,000 CVE/Month 01/01/2026
Chile Minimum Monthly Wages 539,000 CLP/Month 01/01/2026
China Minimum Monthly Wages 2,740 CNY/Month 01/01/2026
Colombia Minimum Wages 1,750,905 COP/Month 31/12/2026
Ecuador Gross Minimum Monthly Wage 482 USD/Month 31/12/2026
Egypt Minimum Monthly Wages 8,000 EGP/Month 01/07/2026
Germany Gross Minimum Wages 13.9 EUR/Hour 31/01/2026
Hong Kong Minimum Hourly Wages 43.1 HKD/Hour 01/05/2026
India National Floor Level Minimum Wage 178 INR/Day 31/12/2026
Indonesia Minimum Monthly Wages 5.7 IDR Million/Month 31/01/2026
Ireland Gross Minimum Monthly Wage 14.15 EUR/Hour 01/01/2026
Israel Minimum Monthly Wages 6,248 ILS/Month 01/04/2026
Japan Minimum Hourly Wages 1,064 JPY/Hour 31/10/2026
Kazakhstan Minimum Monthly Wage 85,000 KZT/Month 31/01/2026
Kenya Minimum Wages 16,114 KES/Month 01/01/2026
Kyrgyzstan Minimum Wages 3,280 KGS/Month 31/12/2026
Malaysia Minimum Monthly Wages 1,700 MYR/Month 31/12/2026
Mozambique Minimum Wages in Agriculture Livestock Hunting and Forestry 6,688 MZN/Month 28/02/2026
Myanmar Minimum Wages 4,800 MMK/day 31/12/2026
New Zealand Gross Minimum Hourly Wage 24 NZD/Hour 01/04/2026
Nigeria National Minimum Wage 70,000 NGN/Month 31/01/2026
North Macedonia Net Minimum Monthly Wage 38,507 MKD/Month 31/03/2026
Oman Minimum Wages 325 OMR/month 31/12/2026
Philippines Daily Minimum Wages 695 PHP/day 31/12/2026
Qatar Minimum Wages 1,000 QAR/Month 01/01/2026
Russia Minimum Wages 27,093 RUB/Month 31/01/2026
South Africa Minimum Wages 30 ZAR/Hour 01/03/2026
South Korea Minimum Hourly Wages 10,320 KRW/Hour 31/12/2026
Sri Lanka Minimum Wages 30,000 LKR/Month 01/01/2026
Taiwan Minimum Monthly Wage 29,500 TWD/Month 31/12/2026
Thailand Minimum Daily Wage 400 THB/Day 31/12/2026
Turkey Gross Minimum Monthly Wage 33,030 TRY/Month 31/12/2026
Ukraine Minimum Wages 8,647 UAH/Month 01/01/2026
United Kingdom Gross Minimum Hourly Wage 12.71 GBP/Hour 01/04/2026
United States Federal Minimum Hourly Wage 7.25 USD/Hour 31/12/2026
Venezuela Minimum Monthly Wages 13,000,000 VEF/Month 01/01/2026
Vietnam Minimum Wages 5,310 VND Thousand/Month 01/01/2026
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