Financial Manager salary in South Korea

Gross annual earnings — 2024 · Asia · Source: ILO / Life Indexed estimate

Average salary KRW 73,656,000 per year (2024)
Minimum KRW 47,876,400 per year
Maximum KRW 106,801,200 per year
Monthly (est.) KRW 6,138,000 per month
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Financial Manager salary in South Korea over time

Financial Manager salary — Asia comparison

How South Korea compares to other Asia countries

Country Average salary (2024) vs South Korea
South Korea KRW 73,656,000/yr
Vietnam VND 330,750,000/yr local currency
Indonesia IDR 252,720,000/yr local currency
Japan JPY 9,118,800/yr local currency
Sri Lanka LKR 4,608,000/yr local currency
Pakistan PKR 3,502,800/yr local currency
India INR 1,867,500/yr local currency
Taiwan TWD 1,644,300/yr local currency
Bangladesh BDT 1,188,000/yr local currency

Financial Manager salary worldwide

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Frequently asked questions about Financial Manager salaries in South Korea

What is the average Financial Manager salary in South Korea in 2024?

The average financial manager salary in South Korea in 2024 is KRW 73,656,000 per year (KRW 6,138,000 per month, or KRW 1,416,462 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Financial Manager in South Korea?

Financial Managers in South Korea earn between KRW 47,876,400 and KRW 106,801,200 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Financial Manager earn per month in South Korea?

A financial manager in South Korea earns approximately KRW 6,138,000 per month (gross) in 2024, based on an annual average of KRW 73,656,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in South Korea.

What is the entry-level Financial Manager salary in South Korea?

Entry-level financial managers in South Korea typically earn between KRW 47,876,400 and KRW 62,607,600 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Financial Manager salary in South Korea increasing?

Yes. Based on available data, Financial Manager salaries in South Korea have grown by approximately 18% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is KRW 73,656,000 a good salary for a Financial Manager in South Korea?

Whether KRW 73,656,000 per year is a good financial manager salary in South Korea depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Financial Manager salary in South Korea compare to other Asia countries?

South Korea's financial manager salary of KRW 73,656,000/yr (among comparable economies) is higher than 6 countries and lower than 2 countries in the Asia region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.