National minimum wage
Minimum wage in South Korea
₩9,620 per hour
Effective 2023-01-01 · Source: en.wikipedia.org
Earnings calculator
Adjust the wage or the hours you work to see gross weekly, monthly and annual pay.
- Hourly
- ₩9,620.00
- Daily
- ₩76,960
- Weekly
- ₩384,800
- Monthly
- ₩1,667,467
- Annual
- ₩20,009,600
Roughly $1,200 per month in USD (approximate, using ~2025 exchange rates).
Gross earnings before tax and deductions. Weekly/monthly/annual figures assume 40 paid hours every week of the year. Actual take-home depends on local taxes, benefits, and hours worked.
- Hourly
- ₩9,620.00
- Weekly (40h)
- ₩384,800
- Monthly
- ₩1,667,467
- Annual
- ₩20,009,600
Approximately $1,200 per month in USD at ~2025 exchange rates (indicative only).
Minimum wage in South Korea: FAQ
- What is the minimum wage in South Korea?
- The minimum wage in South Korea is ₩9,620 per hour, effective 2023-01-01.
- How much is that per year at full time?
- At 40 hours a week for 52 weeks, the South Korea minimum wage works out to about ₩20,009,600 in gross annual pay, before tax and deductions.