South Korea: Ph.D. holders annual income distribution by age group 2022

According to a survey conducted in South Korea from 2021 to 2022, around 65 percent of doctoral graduates stated that they had an annual income of 50 million South Korean won or more. The proportion of doctoral graduates earning above 50 million won decreased the younger they were.

Distribution of annual income of Ph.D. holders in South Korea as of February 2022, by age group

Characteristic	Less than 20m KRW	20m-30m KRW	30m-40m KRW	40m-50m KRW	50m+ KRW
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

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Release date

September 2022

More information

Region

South Korea

Survey time period

May 17 to August 27, 2021; November 15, 2021 to February 28, 2022

Number of respondents

7,348 Ph.D. holders*

Method of interview

Online survey

Supplementary notes

1,000 South Korean won equals 0.78 U.S. dollars or 0.71 euro as of August 2023.

Figures have been rounded.

* Respondents count by age bracket was as follows:
Under 30 years: 268
30-35 years: 2,225
35-40 years: 1,402
40-45 years: 1,171
45-50 years: 818
50+ years: 1,464

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