According to the National Tax Service, 4,587 people filed their taxes as singers listed for their occupation in 2016. The top 1% - or 45 singers - made an average of 3.198 Billion KRW per person (approximately $2.7 million USD) over the year, making up 45% of the total singer income. The top 10% (458 singers) made an average of 640 million KRW per person (approximately $541,000 USD) over the year, making up 88.9% of the total singer income in Korea.
SEE ALSO: US diplomat expresses regret over detention of 300 Koreans in Georgia
The rest of the 90% (4,129 singers) made an average of 8 million KRW per person (approximately $6,800 USD) over the year or about 670,000 KRW per person per month (approximately $570 USD). This is about 2/3 the minimum wage (of about 1,117,000 KRW per month, 5,580 KRW per hour).
What do you think about the stark difference in income?
SHARE
Log in to comment