Jersey vs South Korea: Monthly minimum wage, annual growth rate

Jersey
2.8 % change on previous year
in 2016
South Korea
2.49 % change on previous year
in 2024
Jersey rank
88th
South Korea rank
89th

Monthly minimum wage, annual growth rate over time

  • Jersey
  • South Korea
-5051015199620102024

How they compare

Jersey currently reports 2.8 % change on previous year against 2.49 % change on previous year in South Korea, a difference of 0.31 % change on previous year.

That makes Jersey's figure about 1.1 times South Korea's.

The two have swapped places 2 times across 11 shared years of data; in 2006 it was South Korea ahead.

Jersey ranks 88th and South Korea ranks 89th of 168 countries.

South Korea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Jersey South Korea Difference Ahead
2000s 4.61 % change on previous year 8.96 % change on previous year 4.35 % change on previous year South Korea
2010s 1.97 % change on previous year 4.92 % change on previous year 2.95 % 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, Jersey or South Korea?
Jersey, at 2.8 % change on previous year against 2.49 % change on previous year in South Korea as of 2016.
What is the difference in monthly minimum wage, annual growth rate between Jersey and South Korea?
0.31 % change on previous year, with Jersey ahead.
How many years of comparable data are there for Jersey and South Korea?
11 years are reported by both, from 2006 to 2016.
How do Jersey and South Korea rank globally for monthly minimum wage, annual growth rate?
Jersey ranks 88th 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.

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Jersey vs South Korea: Monthly minimum wage, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage-annual-growth-rate/jersey/korea-rep/

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About this data

Indicator
Monthly minimum wage, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,741 data points, 1981–2026
Last refreshed

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.