Median and mean income (after tax) in Republic of Korea
Republic of Korea: Median and mean income (after tax) was 39,373 international-$ in 2021 prices in 2021. ▲ Rising
Median and mean income (after tax) in Republic of Korea, 2006–2021
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for median and mean income (after tax) in Republic of Korea is 39,373 international-$ in 2021 prices, measured in 2021. That is the highest value across all 11 years on record.
The figure is up 3.5% on the previous year and up 53.7% over ten years.
Over the whole period, median and mean income (after tax) in Republic of Korea peaked at 39,373 international-$ in 2021 prices in 2021 and was at its lowest, 24,682 international-$ in 2021 prices, in 2006.
Republic of Korea ranks 14th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Median and mean income (after tax) in Republic of Korea, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2006 | 24,682 international-$ in 2021 prices | — |
| 2008 | 25,307 international-$ in 2021 prices | +2.5% |
| 2010 | 25,621 international-$ in 2021 prices | +1.2% |
| 2012 | 26,992 international-$ in 2021 prices | +5.3% |
| 2014 | 27,832 international-$ in 2021 prices | +3.1% |
| 2016 | 34,386 international-$ in 2021 prices | +23.5% |
| 2017 | 35,308 international-$ in 2021 prices | +2.7% |
| 2018 | 35,985 international-$ in 2021 prices | +1.9% |
| 2019 | 36,956 international-$ in 2021 prices | +2.7% |
| 2020 | 38,036 international-$ in 2021 prices | +2.9% |
| 2021 | 39,373 international-$ in 2021 prices | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24,995 international-$ in 2021 prices | 24,682 international-$ in 2021 prices | 25,307 international-$ in 2021 prices | 2 |
| 2010s | 31,869 international-$ in 2021 prices | 25,621 international-$ in 2021 prices | 36,956 international-$ in 2021 prices | 7 |
| 2020s | 38,705 international-$ in 2021 prices | 38,036 international-$ in 2021 prices | 39,373 international-$ in 2021 prices | 2 |
Countries ranked near Republic of Korea
- 11 Belgium 40,890 international-$ in 2021 prices compare
- 12 Denmark 40,157 international-$ in 2021 prices compare
- 13 Ireland 39,410 international-$ in 2021 prices compare
- 15 United Kingdom of Great Britain and Northern Ireland 36,857 international-$ in 2021 prices compare
- 16 France 36,186 international-$ in 2021 prices compare
- 17 Finland 35,351 international-$ in 2021 prices compare
More economy & growth data for Republic of Korea
- Gross capital formation (current US$), annual growth rate -2.97 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2913 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 10,553 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 1.24 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 414.37 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 15.01 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -1.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2815 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,198 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.6183 % change on previous year (2025)
Frequently asked questions
- What is median and mean income (after tax) in Republic of Korea?
- Median and mean income (after tax) in Republic of Korea was 39,373 international-$ in 2021 prices in 2021, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest median and mean income (after tax) recorded in Republic of Korea?
- The highest recorded value was 39,373 international-$ in 2021 prices in 2021.
- What is the lowest median and mean income (after tax) recorded in Republic of Korea?
- The lowest recorded value was 24,682 international-$ in 2021 prices in 2006.
- How does Republic of Korea rank for median and mean income (after tax)?
- Republic of Korea ranks 14th out of 47 countries with data for 2021.
- Is median and mean income (after tax) rising or falling in Republic of Korea?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Median and mean income (after tax). Statizoid updates them automatically from the source API.
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About this data
Average income per year of the population.