Colombia vs South Korea: SDG indicator 8.5.1: Average hourly earnings of employees
SDG indicator 8.5.1: Average hourly earnings of employees over time
- Colombia
- South Korea
How they compare
South Korea currently reports 24,931 against 10,795 in Colombia, a difference of 14,136.
That makes South Korea's figure about 2.3 times Colombia's.
Across all 13 years both countries report, South Korea has been ahead every year.
Colombia ranks 5th and South Korea ranks 2nd of 68 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3,928 | 14,463 | 10,535 | South Korea |
| 2010s | 5,206 | 18,711 | 13,506 | South Korea |
| 2020s | 7,251 | 23,444 | 16,193 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher sdg indicator 8.5.1: average hourly earnings of employees, Colombia or South Korea?
- South Korea, at 24,931 against 10,795 in Colombia as of 2022.
- What is the difference in sdg indicator 8.5.1: average hourly earnings of employees between Colombia and South Korea?
- 14,136, with South Korea ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 13 years are reported by both, from 2009 to 2022.
- How do Colombia and South Korea rank globally for sdg indicator 8.5.1: average hourly earnings of employees?
- Colombia ranks 5th and South Korea ranks 2nd of 68 countries.
- Where does this data come from?
- International Labour Organization, published as SDG indicator 8.5.1: Average hourly earnings of employees (previous ILO definition - ICLS13). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. This indicator presents data by sex on employees' average hourly earnings. The concept of earnings, as applied in wage statistics, relates to gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are also disaggregated by occupation. Statistics on average hourly earnings by sex are the basis for the calculation of the gender pay gap. Data disaggregated by occupation are provided according to the latest version of the International Standard Classification of Occupations (ISCO). Data may have been regrouped from the national classifications, which may not be strictly compatible with ISCO. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.