South Korea Labour Costs  2008-2017 | Data | Chart | Calendar | Forecast

Labour Costs in South Korea decreased to 134.10 Index Points in the fourth quarter of 2016 from 138.10 Index Points in the third quarter of 2016. Labour Costs in South Korea averaged 113.73 Index Points from 2008 until 2016, reaching an all time high of 149.40 Index Points in the first quarter of 2016 and a record low of 91.30 Index Points in the second quarter of 2011.

South Korea Labour Costs
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 3.70 7.10 2.90 percent [+]
Employed Persons 26511.00 26622.00 26622.00 20275.00 Thousand [+]
Unemployed Persons 1098.00 1023.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 63.50 62.80 63.50 48.50 percent [+]
Labour Costs 134.10 138.10 149.40 91.30 Index Points [+]
Productivity 98.10 96.60 104.20 53.50 Index Points [+]
Wages 3480465.00 3465763.00 3534203.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3870051.00 3727377.00 3988066.00 2520139.00 KRW/Month [+]
Minimum Wages 6470.00 6030.00 6470.00 600.00 KRW/Hour [+]
Population 50.80 50.60 50.80 25.00 Million [+]
Retirement Age Women 60.00 55.00 60.00 55.00 [+]
Retirement Age Men 60.00 55.00 60.00 55.00 [+]
Youth Unemployment Rate 11.30 11.30 13.40 3.80 percent [+]
Employment Rate 60.20 59.10 61.20 56.10 percent [+]


South Korea Labour Costs Notes

This page provides - South Korea Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Labour Costs - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
134.10 138.10 149.40 91.30 2008 - 2016 Index Points Quarterly
NSA, 2010=100



labour costs by Country

Last
Australia 99.30 Dec/16
Brazil 136.18 Apr/17
Canada 116.36 Dec/16
China 103.60 Mar/17
Euro Area 112.20 Dec/16
France 107.10 Dec/16
Germany 111.34 Mar/17
Italy 105.44 Dec/16
Mexico 73.20 Mar/17
Netherlands 103.90 Dec/16
South Korea 134.10 Dec/16
Spain 104.30 Dec/16
Turkey 210.46 Dec/16
United Kingdom 102.60 Dec/16
United States 111.90 Mar/17