Indonesia vs Republic of Korea: Monthly minimum wage
Monthly minimum wage over time
- Indonesia
- Republic of Korea
How they compare
Indonesia currently reports 5.07 million against 2.06 million in Republic of Korea, a difference of 3.01 million.
That makes Indonesia's figure about 2.5 times Republic of Korea's.
The two have swapped places 3 times across 29 shared years of data; in 1995 it was Republic of Korea ahead.
Indonesia ranks 3rd and Republic of Korea ranks 6th of 173 countries.
Across the 4 decades both report, Indonesia averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Indonesia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 136,676 | 309,846 | 173,170 | Republic of Korea |
| 2000s | 509,460 | 622,404 | 112,944 | Republic of Korea |
| 2010s | 1.23 million | 1.21 million | 16,352 | Indonesia |
| 2020s | 3.53 million | 1.92 million | 1.61 million | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Indonesia or Republic of Korea?
- Indonesia, at 5.07 million against 2.06 million in Republic of Korea as of 2024.
- What is the difference in monthly minimum wage between Indonesia and Republic of Korea?
- 3.01 million, with Indonesia ahead.
- How many years of comparable data are there for Indonesia and Republic of Korea?
- 29 years are reported by both, from 1995 to 2024.
- How do Indonesia and Republic of Korea rank globally for monthly minimum wage?
- Indonesia ranks 3rd and Republic of Korea ranks 6th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.