REPUBLIC OF KOREA (SOUTH KOREA)

South Korea

THE OFFICIAL SALARY IN SOUTH KOREA IN 2020:

Average salary – 2,822,500 Korean Republic won per month ($2,295)

Minimum wage – 8,590 Korean Republic won per hour ($7)

Source: Government of South Korea and international recruitment agencies

Read more about wages in South Korea here

The Republic of Korea (South Korea) is located in East Asia on the Korean Peninsula. It is washed by the Yellow Sea to the west, by the Sea of Japan to the east, and by the Strait of Korea and East China Sea to the south.

INFORMATION ABOUT SOUTH KOREA (2020) 
Population 51.3 million
Average life expectancy  82.5 years
Unemployment rate 3.3%
Inflation  1%
Square 100 210 km²
Form of government Presidential constitutional republic
Income tax 6–42%
Capital Seoul
Currency Korean Republic won
Official Language Korean
Doing Business rank 5
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