Türkiye vs South Korea
Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.
Türkiye wage data: 2024 · South Korea wage data: 2025 · Price data: 2024
Comparison Overview
Average wage (2024)
$57,275
- 1-year change
- +19.0%
- 5-year change
- +61.0%
Overall price level (2024)
32 (United States = 100)
South Korea's latest PPP-adjusted average wage is approximately 7.0% higher than Türkiye's.
Latest available wage years differ.
Average wage (2025)
$61,259
- 1-year change
- +0.6%
- 5-year change
- +3.1%
Overall price level (2024)
60.1 (United States = 100)
South Korea has the higher latest average wage of the two, by 7.0% on a PPP-adjusted basis. Over five years Türkiye shows the stronger change (+61.0% against +3.1%). Overall consumer prices are higher in South Korea, at 60.1 against 32 on the United States = 100 scale — a gap of +28.1 index points. The wage figures come from different years (2024 and 2025) and the price levels from 2024, so each economy is shown at its own latest available point.
Wage History
See how PPP-adjusted average annual wages have changed in both economies.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
| Metric | Türkiye | South Korea |
|---|---|---|
| Latest wage | $57,275 | $61,259 |
| Latest year | 2024 | 2025 |
| 1-year change | +19.0% | +0.6% |
| 5-year change | +61.0% | +3.1% |
| 10-year change | +96.2% | +18.3% |
| Historical peak | $57,275 | $61,259 |
| Peak year | 2024 | 2025 |
| Change from peak | 0.0% | 0.0% |
How the Wage Trends Compare
Current Position
South Korea records the higher figure: $61,259 against $57,275, a gap of 7.0%. The gap is clear enough to rank the two, though it says nothing about how the figure is distributed within either economy.
The two are measured in different years — Türkiye in 2024, South Korea in 2025 — so this compares each economy's latest available point rather than a single common year. Where a strict same-year ranking is needed, the all-countries table uses the latest year for which every economy reports.
Both use the same basis: PPP-adjusted US dollars at constant prices. That conversion strips out the price level differences between the two economies, which is what makes the two figures comparable at all — neither is a local-currency salary, and neither is what an employer in that country would write on a contract.
Recent Momentum
Türkiye had the stronger latest year (+19.0% against +0.6%).
Both moved up in the latest year, which leaves the ordering between them unchanged.
Widening the window to five years, the stronger of the two is Türkiye: +61.0% against +3.1%.
For both economies the latest year points the same way as the five-year change, so the recent movement reads as continuation rather than a turn.
Long-Term Direction
Across ten years both series are up — +96.2% for Türkiye and +18.3% for South Korea. Over this horizon the two share a direction, and the difference between them is one of pace.
Both are at their historical peaks in the latest year, so neither series is currently below a previous high.
Consumer Price Level Comparison
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
Missing values are shown as -
All differences are shown in index points. United States = 100.
| Category | Türkiye | South Korea | Difference (TUR − KOR) | TUR vs U.S. | KOR vs U.S. |
|---|---|---|---|---|---|
| Overall | 32 | 60.1 | −28.1 | −68.0 | −39.9 |
| Food | 64 | 136 | −72.0 | −36.0 | +36.0 |
| Clothing | 63.5 | 103 | −39.5 | −36.5 | +3.0 |
| Housing | 16.8 | 38 | −21.2 | −83.2 | −62.0 |
| Health | 14.5 | 37 | −22.5 | −85.5 | −63.0 |
| Transport | 79.9 | 73.8 | +6.1 | −20.1 | −26.2 |
| Recreation | 53.1 | 71.6 | −18.5 | −46.9 | −28.4 |
| Restaurants & Accommodation | 55.1 | 82.4 | −27.3 | −44.9 | −17.6 |
Overall
Türkiye32South Korea60.1Difference−28.1TUR vs U.S.−68.0KOR vs U.S.−39.9Food
Türkiye64South Korea136Difference−72.0TUR vs U.S.−36.0KOR vs U.S.+36.0Clothing
Türkiye63.5South Korea103Difference−39.5TUR vs U.S.−36.5KOR vs U.S.+3.0Housing
Türkiye16.8South Korea38Difference−21.2TUR vs U.S.−83.2KOR vs U.S.−62.0Health
Türkiye14.5South Korea37Difference−22.5TUR vs U.S.−85.5KOR vs U.S.−63.0Transport
Türkiye79.9South Korea73.8Difference+6.1TUR vs U.S.−20.1KOR vs U.S.−26.2Recreation
Türkiye53.1South Korea71.6Difference−18.5TUR vs U.S.−46.9KOR vs U.S.−28.4Restaurants & Accommodation
Türkiye55.1South Korea82.4Difference−27.3TUR vs U.S.−44.9KOR vs U.S.−17.6
Türkiye and South Korea in Detail
Current Wage Position
Türkiye reports a PPP-adjusted average annual wage of $57,275 for 2024, and South Korea $61,259 for 2025. That puts South Korea ahead by 7.0%.
Both figures are PPP-adjusted: converted using purchasing power parities rather than market exchange rates, and expressed in constant prices so different years stay comparable.
This matters for reading the gap. A market-rate conversion would move with currency markets and would not reflect what the money buys in each economy. These figures are built to compare purchasing power, not to tell you what a currency transfer would be worth.
Recent Wage Momentum
In the latest reported year Türkiye changed by +19.0% and South Korea by +0.6%. A single year is a narrow window, so it is worth reading alongside the five-year figure rather than on its own.
Over five years, Türkiye records the larger change at +61.0%, against +3.1% for South Korea. That is the difference in how far each series has travelled over the medium term, in real PPP-adjusted terms.
Short-term and five-year movement point the same way for both economies, so neither is currently being pulled against its own medium-term direction.
Long-Term Wage Direction
Across ten years the changes are +96.2% for Türkiye and +18.3% for South Korea. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.
Türkiye reached its highest recorded value of $57,275 in 2024, and the latest figure sits 0.0% from that high.
South Korea peaked at $61,259 in 2025, leaving its latest value 0.0% away from that point.
Both long-term series move the same way, so the difference between these two economies is one of degree over ten years rather than of direction.
Consumer Price Profile
Against the United States benchmark of 100, overall consumption sits at 32 in Türkiye and 60.1 in South Korea — −28.1 index points apart.
The categories that separate them most are Food (−72.0) and Clothing (−39.5).
Transport is where they are nearest, at 79.9 and 73.8.
Across the categories with data, South Korea is the more expensive of the two more often than not.
How to Interpret the Comparison
These are average wages, not median wages, and not take-home pay. An average is pulled by the whole distribution, so it does not describe a typical individual, occupation, city or employer in either economy.
The wage figures are already PPP-adjusted and in constant prices. They are not local-currency salaries and not amounts convertible at a market exchange rate.
The price levels are relative indices against United States = 100. They describe how price levels compare, not what a household actually spends.
Wages and price levels should not be combined into a verdict on which country is better. This page is for understanding how the two wage trends and price structures differ — nothing further follows from it.
Explore More Comparisons
Compare Türkiye with
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Latest data check
May 15, 2025