Metric🇩🇪 Germany🇰🇷 South Korea
CurrencyEURKRW
Avg gross/year€ 48,000₩ 46,560,000
Avg net/month€ 2,820₩ 3,180,000
Min wage gross/mo€ 2,054₩ 2,096,270
Employee rate20.5%9.0%
Employer rate23.0%11.0%
Avg tax rate18.0%11.0%
Total deductions38%20%