A low voltage wire should be used considering that a load used in the end is a low voltage. In regard to these wires, there are needs for research about the wire thickness calculation in accordance with IEC standard because the standardization process for IEC (KS standard) was completed on June 30, 2005, and they stopped producing NEC-standard products by the order from Korean Agency for Technology and Standards under Ministry of Knowledge Economy (former Ministry of Commerce, Industry and Energy) since July 1, 2006. This study compared, in terms of the thickness calculation of low voltage wire, a reduction factor application by IEC standard about allowed current and an application for calculation of voltage drop. It also proposed the formula for IEC standard to decrease errors and resolve the difficulty of standardized calculation by analyzing the difference between simplified formula and standardized formula that are the most frequently used calculation method of voltage drop.