Republic of Korea vs Sweden: Median income per year (after tax)

Republic of Korea
33,996 international-$ in 2021 prices
in 2021
Sweden
32,021 international-$ in 2021 prices
in 2023
Republic of Korea rank
14th
Sweden rank
15th

Median income per year (after tax) over time

  • Republic of Korea
  • Sweden
010.0k20.0k30.0k197519992023

How they compare

Republic of Korea currently reports 33,996 international-$ in 2021 prices against 32,021 international-$ in 2021 prices in Sweden, a difference of 1,975 international-$ in 2021 prices.

That makes Republic of Korea's figure about 1.1 times Sweden's.

Across all 11 years both countries report, Sweden has been ahead every year.

Republic of Korea ranks 14th and Sweden ranks 15th of 47 countries.

Sweden has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Republic of Korea Sweden Difference Ahead
2000s 22,577 international-$ in 2021 prices 27,158 international-$ in 2021 prices 4,581 international-$ in 2021 prices Sweden
2010s 27,972 international-$ in 2021 prices 31,812 international-$ in 2021 prices 3,840 international-$ in 2021 prices Sweden
2020s 33,475 international-$ in 2021 prices 34,027 international-$ in 2021 prices 551.95 international-$ in 2021 prices Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher median income per year (after tax), Republic of Korea or Sweden?
Republic of Korea, at 33,996 international-$ in 2021 prices against 32,021 international-$ in 2021 prices in Sweden as of 2021.
What is the difference in median income per year (after tax) between Republic of Korea and Sweden?
1,975 international-$ in 2021 prices, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Sweden?
11 years are reported by both, from 2006 to 2021.
How do Republic of Korea and Sweden rank globally for median income per year (after tax)?
Republic of Korea ranks 14th and Sweden ranks 15th of 47 countries.
Where does this data come from?
Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Median income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Sweden: Median income per year (after tax). Statizoid, drawing on Luxembourg Income Study (2026) – with minor processing by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/median-income-after-tax-lis/korea-rep/sweden/

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About this data

Indicator
Median income per year (after tax)
Unit
international-$ in 2021 prices
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,030 data points, 1963–2024
Last refreshed

Value of income per year below which 50% of the population live.