Key Facts: Greenland vs South Korea Wages
- Greenland Minimum Wage
- No statutory minimum wage
- South Korea Minimum Wage
- ₩10,320/hr ($6.84 USD)
- Greenland Avg. Gross Monthly Salary
- kr28,300 /mo ($4,409.89 USD)
- South Korea Avg. Gross Monthly Salary
- ₩3,960,000 /mo ($2,624.88 USD)
- Data Sources
- Greenland Statistics (stat.gl) (2026-05-04), Minimum Wage Commission (최저임금위원회) (2026-05-15)
Greenland
South Korea
Updated 2026-05-15
Greenland has no statutory minimum wage, while South Korea sets a floor of $7/hr. Average salaries are higher in Greenland at $4,410/mo compared to $2,625/mo in South Korea.
Detailed Comparison
| Metric | Greenland | South Korea |
|---|---|---|
| Minimum wage /hr | None | ₩10,320 $6.84 |
| Minimum wage /mo | None | ₩2,156,880 $1,429.69 |
| Minimum wage /yr | None | ₩25,882,560 $17,156.22 |
| Avg. gross salary /mo | kr28,300 /mo $4,409.89 | ₩3,960,000 /mo $2,624.88 |
| Avg. net salary /mo | N/A/mo | ₩3,170,000 /mo $2,101.23 |
| Median individual income /yr | kr298,800 /yr $46,560.91 | ₩33,360,000 /yr $22,112.63 |
Percentage differences are based on USD equivalent values. Positive means Greenland is higher.
Work Week
- Greenland
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Overtime and working conditions governed by collective agreements.
- South Korea
-
40 hrs/wk standard
Max 52 hrs/wk
Overtime : 1.5x pay
Labour Standards Act sets 40 hrs/week base with maximum 12 hrs overtime (52 total). Overtime, night work (10pm-6am), and holiday work each receive a 50% premium. Businesses with 5-49 employees had a phased implementation completed in 2021. Government proposed a flexible 69-hour weekly cap in 2023 but withdrew after public backlash.
See this comparison from South Korea's perspective: South Korea vs Greenland
Compare Greenland with...
Frequently Asked Questions
Is the minimum wage higher in Greenland or South Korea?
In Greenland, the minimum wage is no statutory minimum wage. In South Korea, it is ₩10,320/hr ($6.84 USD).
How much more does the average worker earn in Greenland compared to South Korea?
The average gross salary in Greenland is kr28,300/mo ($4,409.89 USD), compared to ₩3,960,000/mo ($2,624.88 USD) in South Korea. In USD terms, workers in Greenland earn approximately 68% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Greenland and South Korea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Greenland earn more in nominal terms, though how far that income stretches depends on local prices in South Korea.
How do work hours compare between Greenland and South Korea?
Both Greenland and South Korea mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.