Cryptocurrency Q&A
What is the top 1% salary in Korea?
What is the top 1% salary in Korea?
Carlo
Sat Mar 30 2024
|
6
answers
935
Could you please inform me about the top 1% salary bracket in Korea? I'm quite curious to know what kind of income level those individuals in the highest earning percentile enjoy. Is it significantly higher than the average salary, and if so, by how much? Also, could you possibly elaborate on the industries or positions that typically fall into this top salary bracket? I'm interested in understanding the types of careers that offer such lucrative compensation in Korea.
Previous
Do foreigners get pension in Korea?
Next
Why is South Korea so much richer than North Korea?
6 answers
Sofia
Mon Apr 01 2024
Kim Hoi-jae, representing the Democratic Party of Korea, received data from the National Tax Service regarding income earners in 2021.
Was this helpful?
236
48
TaegeukChampionCourage
Mon Apr 01 2024
The data revealed that the top 1 percent of income earners numbered 199,591 in the year 2021.
Was this helpful?
60
70
KimonoGlory
Sun Mar 31 2024
These high-income earners made an average income of at least 320 million won ($236,581) during that year.
Was this helpful?
142
84
isabella_doe_socialworker
Sun Mar 31 2024
Kim Hoi-jae is a member of the main opposition party in South Korea and used this data to highlight income inequality in the country.
Was this helpful?
50
87
EthereumEagleGuard
Sun Mar 31 2024
The National Tax Service provided the income data to the lawmaker, Kim Hoi-jae, for analysis and possible policy recommendations.
Was this helpful?
117
97
Load 5 more related questions
