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Average monthly salary in small and medium-sized enterprises in South Korea in 2023, by age group (in million South Korean won)

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Source

Release date

February 2025

Region

South Korea

Survey time period

2023

Supplementary notes

1,000 South Korean won equals 0.72 U.S. dollars or 0.64 euros as of May 2025. 

Figures have been rounded.

Citation formats

Monthly salary in SMEs South Korea 2023, by age

Published by Zeynep Dierks, May 22, 2025

In 2023, the average monthly salary of employees in their forties working for small and medium-sized enterprises (SMEs) in South Korea amounted to around **** million South Korean won, the highest across all age groups. This was followed by employees in their fifties with about 3.3 million won.

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Statistics on " SMEs in South Korea "

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Overview

7

SMEs by size

4

Sales revenue and value added

5

Employment and salary

5

Competitiveness

6

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Topics

SMEs in South KoreaE-commerce in South KoreaStartups in South Korea Employees in South KoreaUnemployment in South Korea
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