Costa Rica vs South Korea: Monthly minimum wage, annual growth rate
Costa Rica
1.83 % change on previous year
in 2024
South Korea
2.49 % change on previous year
in 2024
Costa Rica rank
92nd
South Korea rank
89th
Monthly minimum wage, annual growth rate over time
- Costa Rica
- South Korea
How they compare
South Korea currently reports 2.49 % change on previous year against 1.83 % change on previous year in Costa Rica, a difference of 0.66 % change on previous year.
That makes South Korea's figure about 1.4 times Costa Rica's.
The two have swapped places 7 times across 28 shared years of data; in 1996 it was Costa Rica ahead.
Costa Rica ranks 92nd and South Korea ranks 89th of 168 countries.
Across the 4 decades both report, Costa Rica averaged higher in 1 and South Korea in 3.
Head to head by decade
| Decade | Costa Rica | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.25 % change on previous year | 6.89 % change on previous year | 8.37 % change on previous year | Costa Rica |
| 2000s | 0.9364 % change on previous year | 10.17 % change on previous year | 9.24 % change on previous year | South Korea |
| 2010s | 4.79 % change on previous year | 6.87 % change on previous year | 2.08 % change on previous year | South Korea |
| 2020s | 3.05 % change on previous year | 3.39 % change on previous year | 0.339 % change on previous year | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, annual growth rate, Costa Rica or South Korea?
- South Korea, at 2.49 % change on previous year against 1.83 % change on previous year in Costa Rica as of 2024.
- What is the difference in monthly minimum wage, annual growth rate between Costa Rica and South Korea?
- 0.66 % change on previous year, with South Korea ahead.
- How many years of comparable data are there for Costa Rica and South Korea?
- 28 years are reported by both, from 1996 to 2024.
- How do Costa Rica and South Korea rank globally for monthly minimum wage, annual growth rate?
- Costa Rica ranks 92nd and South Korea ranks 89th of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as Monthly minimum wage, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Monthly minimum wage. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.