Costa Rica vs Republic of Korea: Monthly minimum wage (Local currency), annual growth rate
Costa Rica
1.83 % change on previous year
in 2024
Republic of Korea
2.49 % change on previous year
in 2024
Costa Rica rank
91st
Republic of Korea rank
88th
Monthly minimum wage (Local currency), annual growth rate over time
- Costa Rica
- Republic of Korea
How they compare
Republic of 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 Republic of Korea's figure about 1.4 times Costa Rica's.
The two have swapped places 7 times across 29 shared years of data; in 1996 it was Costa Rica ahead.
Costa Rica ranks 91st and Republic of Korea ranks 88th of 168 countries.
Across the 4 decades both report, Costa Rica averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Costa Rica | Republic of 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 | 9.7 % change on previous year | 10.17 % change on previous year | 0.4749 % change on previous year | Republic of Korea |
| 2010s | 8.61 % change on previous year | 6.9 % change on previous year | 1.71 % change on previous year | Costa Rica |
| 2020s | 3.05 % change on previous year | 3.39 % change on previous year | 0.339 % change on previous year | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage (local currency), annual growth rate, Costa Rica or Republic of Korea?
- Republic of 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 (local currency), annual growth rate between Costa Rica and Republic of Korea?
- 0.66 % change on previous year, with Republic of Korea ahead.
- How many years of comparable data are there for Costa Rica and Republic of Korea?
- 29 years are reported by both, from 1996 to 2024.
- How do Costa Rica and Republic of Korea rank globally for monthly minimum wage (local currency), annual growth rate?
- Costa Rica ranks 91st and Republic of Korea ranks 88th of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as Monthly minimum wage (Local currency), 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 (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.