Ireland vs Korea: Real minimum wages at constant prices — Statutory minimum wages
Real minimum wages at constant prices — Statutory minimum wages over time
- Ireland
- Korea
How they compare
Ireland currently reports 31,730 US dollars, exchange rate converted against 17,685 US dollars, exchange rate converted in Korea, a difference of 14,045 US dollars, exchange rate converted.
That makes Ireland's figure about 1.8 times Korea's.
Across all 26 years both countries report, Ireland has been ahead every year.
Ireland ranks 3rd and Korea ranks 1st of 26 countries.
Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ireland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23,537 US dollars, exchange rate converted | 8,373 US dollars, exchange rate converted | 15,164 US dollars, exchange rate converted | Ireland |
| 2010s | 26,260 US dollars, exchange rate converted | 12,518 US dollars, exchange rate converted | 13,741 US dollars, exchange rate converted | Ireland |
| 2020s | 29,180 US dollars, exchange rate converted | 17,633 US dollars, exchange rate converted | 11,548 US dollars, exchange rate converted | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real minimum wages at constant prices — statutory minimum wages, Ireland or Korea?
- Ireland, at 31,730 US dollars, exchange rate converted against 17,685 US dollars, exchange rate converted in Korea as of 2025.
- What is the difference in real minimum wages at constant prices — statutory minimum wages between Ireland and Korea?
- 14,045 US dollars, exchange rate converted, with Ireland ahead.
- How many years of comparable data are there for Ireland and Korea?
- 26 years are reported by both, from 2000 to 2025.
- How do Ireland and Korea rank globally for real minimum wages at constant prices — statutory minimum wages?
- Ireland ranks 3rd and Korea ranks 1st of 26 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Real minimum wages at constant prices — Statutory minimum wages. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.