Product Manager salary in South Korea

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

Average salary KRW 77,748,000 per year (2024)
Minimum KRW 50,536,200 per year
Maximum KRW 112,734,600 per year
Monthly (est.) KRW 6,479,000 per month
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Product Manager salary in South Korea over time

Product Manager salary — Asia comparison

How South Korea compares to other Asia countries

Country Average salary (2024) vs South Korea
South Korea KRW 77,748,000/yr
Vietnam VND 349,125,000/yr local currency
Indonesia IDR 266,760,000/yr local currency
Japan JPY 9,625,400/yr local currency
Sri Lanka LKR 4,864,000/yr local currency
Pakistan PKR 3,697,400/yr local currency
India INR 1,971,200/yr local currency
Taiwan TWD 1,735,600/yr local currency
Bangladesh BDT 1,254,000/yr local currency

Product Manager salary worldwide

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Frequently asked questions about Product Manager salaries in South Korea

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

The average product manager salary in South Korea in 2024 is KRW 77,748,000 per year (KRW 6,479,000 per month, or KRW 1,495,154 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 Product Manager in South Korea?

Product Managers in South Korea earn between KRW 50,536,200 and KRW 112,734,600 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 Product Manager earn per month in South Korea?

A product manager in South Korea earns approximately KRW 6,479,000 per month (gross) in 2024, based on an annual average of KRW 77,748,000. 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 Product Manager salary in South Korea?

Entry-level product managers in South Korea typically earn between KRW 50,536,200 and KRW 66,085,800 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 Product Manager salary in South Korea increasing?

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

Is KRW 77,748,000 a good salary for a Product Manager in South Korea?

Whether KRW 77,748,000 per year is a good product 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 Product Manager salary in South Korea compare to other Asia countries?

South Korea's product manager salary of KRW 77,748,000/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.