Korea vs United Kingdom of Great Britain and Northern Ireland: Minimum relative to average wages of full-time workers
Minimum relative to average wages of full-time workers over time
- Korea
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 51.11 Percentage of average wage of full-time employees against 47.21 Percentage of average wage of full-time employees in Korea, a difference of 3.9 Percentage of average wage of full-time employees.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.1 times Korea's.
The two have swapped places 2 times across 26 shared years of data; in 2000 it was United Kingdom of Great Britain and Northern Ireland ahead.
Korea ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 5th of 3 groups.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.65 Percentage of average wage of full-time employees | 36.02 Percentage of average wage of full-time employees | 6.37 Percentage of average wage of full-time employees | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 39.11 Percentage of average wage of full-time employees | 41.33 Percentage of average wage of full-time employees | 2.22 Percentage of average wage of full-time employees | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 48.25 Percentage of average wage of full-time employees | 49.25 Percentage of average wage of full-time employees | 1.01 Percentage of average wage of full-time employees | United Kingdom of Great Britain and Northern Ireland |
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 United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 51.11 Percentage of average wage of full-time employees against 47.21 Percentage of average wage of full-time employees in Korea as of 2025.
- What is the difference in minimum relative to average wages of full-time workers between Korea and United Kingdom of Great Britain and Northern Ireland?
- 3.9 Percentage of average wage of full-time employees, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Korea and United Kingdom of Great Britain and Northern Ireland?
- 26 years are reported by both, from 2000 to 2025.
- How do Korea and United Kingdom of Great Britain and Northern Ireland rank globally for minimum relative to average wages of full-time workers?
- Korea ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 5th 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.