In 2024, the monthly wages for conscripted soldiers in South Korea rose by nearly 19 percent compared to the previous year. Wages have increased steadily over the past decade, with the sharpest increase recorded in 2018, when wages jumped by almost 88 percent. Conscript soldiers, with ranks ranging from private to sergeant, are paid between 640 thousand and 1.25 million South Korean won every month. This is still far lower than what other modern militaries pay their enlisted soldiers. The U.S. military, for example, pays their privates or equivalents around 1,700 U.S. dollars (approximately 2 million won). South Korean conscripts are all male enlisted soldiers; higher ranks are career soldiers and women are only NCOs or officers.
Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024
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Statistics Korea. (February 7, 2024). Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/
Statistics Korea. "Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024." Chart. February 7, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/
Statistics Korea. (2024). Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/
Statistics Korea. "Annual Growth Rate of Monthly Wages of Conscript Soldiers in South Korea from 2013 to 2024." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/
Statistics Korea, Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024 Statista, https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/ (last visited November 21, 2024)
Annual growth rate of monthly wages of conscript soldiers in South Korea from 2013 to 2024 [Graph], Statistics Korea, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1093316/south-korea-soldiers-monthly-wages-growth-rate/