South Korea Hourly Minimum Wage & Labor Disputes History (Annual)
Annual South Korea Statutory Hourly Minimum Wage (KRW/Hour), YoY Increase Rate (%), Minimum Wage Influence Rate (%), Affected Workers (1,000 Persons), and Industrial Labor Disputes & Working Days Lost compiled by the Minimum Wage Commission and Ministry of Employment and Labor (MOEL).
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| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Statutory Hourly Minimum Wage | 10,320 | 10,030 | 9,860 | 9,620 | 9,160 | 8,720 | 8,590 | 8,350 | 7,530 | 6,470 | 6,030 | 5,580 | 5,210 | 4,860 | 4,580 | 4,320 | 4,110 | 4,000 | 3,770 | 3,480 | 3,100 | 2,840 | 2,510 | 2,275 | 2,100 | 1,865 | 1,600 | 1,525 | 1,485 | 1,400 | 1,275 | 1,170 | 1,085 | 1,005 | 925 | 820 | 690 | 600 | ||
| Minimum Wage YoY Increase Rate | 2.9 | 1.7 | 2.5 | 5 | 5.05 | 1.5 | 2.87 | 10.9 | 16.4 | 7.3 | 8.1 | 7.1 | 7.2 | 6.1 | 6 | 5.1 | 2.75 | 6.1 | 8.3 | 12.3 | 9.2 | 13.1 | 10.3 | 8.3 | 12.6 | 16.6 | 4.9 | 2.7 | 6.1 | 9.8 | 9 | 7.8 | 8 | 8.6 | 12.8 | 18.8 | 15 | 26.3 | ||
| Minimum Wage Influence Rate | 13.1 | 13.7 | 15.4 | 16.4 | 17.4 | 19.8 | 20.7 | 25 | 23.6 | 17.4 | 18.2 | 14.6 | 14.5 | 14.7 | 13.7 | 14.2 | 15.9 | 13.1 | 13.8 | 11.9 | 10.3 | 8.8 | 7.6 | 6.4 | 2.8 | 2.1 | 1.1 | 0.4 | 2.3 | 2.4 | 1.9 | 2.1 | 2.1 | 4.5 | 8.5 | 8.6 | 4.3 | 10.7 | 4.2 | |
| Workers Affected by Minimum Wage | 2,904 | 3,011 | 3,347 | 3,437 | 3,550 | 4,077 | 4,153 | 5,005 | 4,625 | 3,366 | 3,420 | 2,668 | 2,565 | 2,582 | 2,343 | 2,336 | 2,566 | 2,085 | 2,124 | 1,784 | 1,503 | 1,245 | 1,035 | 849 | 201 | 141 | 54 | 23 | 124 | 127 | 103 | 103 | 102 | 228 | 392 | 393 | 187 | 328 | 94 | |
| Number of Industrial Labor Disputes | 123 | 131 | 223 | 132 | 119 | 105 | 141 | 134 | 101 | 120 | 105 | 111 | 72 | 105 | 65 | 86 | 121 | 108 | 115 | 138 | 287 | 462 | 320 | 322 | 235 | 250 | 198 | 129 | 78 | 85 | ||||||||||
| Working Days Lost to Labor Disputes | 393 | 457 | 355 | 344 | 472 | 554 | 402 | 552 | 862 | 2,035 | 447 | 651 | 638 | 933 | 429 | 511 | 627 | 809 | 536 | 1,201 | 848 | 1,199 | 1,299 | 1,580 | 1,083 | 1,894 | 1,366 | 1,452 | 445 | 893 |
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The series on this page is annual and runs from 1989 to 2026.
About this data
Annual South Korea Statutory Hourly Minimum Wage (KRW/Hour), YoY Increase Rate (%), Minimum Wage Influence Rate (%), Affected Workers (1,000 Persons), and Industrial Labor Disputes & Working Days Lost compiled by the Minimum Wage Commission and Ministry of Employment and Labor (MOEL).
Frequently asked questions
- What is the latest figure for South Korea Hourly Minimum Wage & Labor Disputes History (Annual)?
- Statutory Hourly Minimum Wage stood at 10,320 KRW in 2026. That is +2.9% from 2025.
- How far back does the South Korea Hourly Minimum Wage & Labor Disputes History (Annual) data go?
- The series on this page is annual and runs from 1989 to 2026. Every series in the table can be charted over its full history and downloaded as CSV or Excel.