South Korea vs New Zealand: Monthly minimum wage, annual growth rate
South Korea
2.49 % change on previous year
in 2024
New Zealand
1.98 % change on previous year
in 2024
South Korea rank
89th
New Zealand rank
91st
Monthly minimum wage, annual growth rate over time
- South Korea
- New Zealand
How they compare
South Korea currently reports 2.49 % change on previous year against 1.98 % change on previous year in New Zealand, a difference of 0.51 % change on previous year.
That makes South Korea's figure about 1.3 times New Zealand's.
The two have swapped places 6 times across 26 shared years of data; in 1998 it was South Korea ahead.
South Korea ranks 89th and New Zealand ranks 91st of 168 countries.
Across the 4 decades both report, South Korea averaged higher in 3 and New Zealand in 1.
Head to head by decade
| Decade | South Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.38 % change on previous year | 0 % change on previous year | 4.38 % change on previous year | South Korea |
| 2000s | 10.38 % change on previous year | 5.92 % change on previous year | 4.46 % change on previous year | South Korea |
| 2010s | 6.9 % change on previous year | 3.55 % change on previous year | 3.35 % change on previous year | South Korea |
| 2020s | 3.39 % change on previous year | 5.52 % change on previous year | 2.13 % change on previous year | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, annual growth rate, South Korea or New Zealand?
- South Korea, at 2.49 % change on previous year against 1.98 % change on previous year in New Zealand as of 2024.
- What is the difference in monthly minimum wage, annual growth rate between South Korea and New Zealand?
- 0.51 % change on previous year, with South Korea ahead.
- How many years of comparable data are there for South Korea and New Zealand?
- 26 years are reported by both, from 1998 to 2024.
- How do South Korea and New Zealand rank globally for monthly minimum wage, annual growth rate?
- South Korea ranks 89th and New Zealand ranks 91st 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.