Korea vs Netherlands: Minimum relative to average wages of full-time workers
Minimum relative to average wages of full-time workers over time
- Korea
- Netherlands
How they compare
Korea currently reports 47.21 Percentage of average wage of full-time employees against 40.63 Percentage of average wage of full-time employees in Netherlands, a difference of 6.58 Percentage of average wage of full-time employees.
That makes Korea's figure about 1.2 times Netherlands's.
The two have swapped places 1 time across 38 shared years of data; in 1988 it was Netherlands ahead.
Korea ranks 1st and Netherlands ranks 4th of 3 groups.
Across the 5 decades both report, Korea averaged higher in 1 and Netherlands in 4.
Head to head by decade
| Decade | Korea | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 26.98 Percentage of average wage of full-time employees | 52.4 Percentage of average wage of full-time employees | 25.42 Percentage of average wage of full-time employees | Netherlands |
| 1990s | 25.13 Percentage of average wage of full-time employees | 48.49 Percentage of average wage of full-time employees | 23.36 Percentage of average wage of full-time employees | Netherlands |
| 2000s | 29.65 Percentage of average wage of full-time employees | 43.11 Percentage of average wage of full-time employees | 13.46 Percentage of average wage of full-time employees | Netherlands |
| 2010s | 39.11 Percentage of average wage of full-time employees | 39.9 Percentage of average wage of full-time employees | 0.7904 Percentage of average wage of full-time employees | Netherlands |
| 2020s | 48.25 Percentage of average wage of full-time employees | 39.43 Percentage of average wage of full-time employees | 8.82 Percentage of average wage of full-time employees | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum relative to average wages of full-time workers, Korea or Netherlands?
- Korea, at 47.21 Percentage of average wage of full-time employees against 40.63 Percentage of average wage of full-time employees in Netherlands as of 2025.
- What is the difference in minimum relative to average wages of full-time workers between Korea and Netherlands?
- 6.58 Percentage of average wage of full-time employees, with Korea ahead.
- How many years of comparable data are there for Korea and Netherlands?
- 38 years are reported by both, from 1988 to 2025.
- How do Korea and Netherlands rank globally for minimum relative to average wages of full-time workers?
- Korea ranks 1st and Netherlands ranks 4th of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Minimum relative to average wages of full-time workers. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.