South Korea Labour Costs  2008-2018 | Data | Chart | Calendar | Forecast

Labour Costs in South Korea increased to 145.80 Index Points in the third quarter of 2017 from 129.60 Index Points in the second quarter of 2017. Labour Costs in South Korea averaged 115.84 Index Points from 2008 until 2017, 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 3.80 4.00 7.10 2.90 percent [+]
Employed Persons 26807.00 26862.00 26922.00 20275.00 Thousand [+]
Unemployed Persons 1068.00 1116.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 63.50 63.10 63.80 48.50 percent [+]
Labour Costs 145.80 129.60 149.40 91.30 Index Points [+]
Productivity 109.70 104.00 109.70 53.50 Index Points [+]
Wages 3541984.00 3575612.00 3623535.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3877934.00 3874983.00 4051306.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 KRW/Hour [+]
Population 51.45 51.25 51.45 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 10.70 11.60 13.40 3.80 percent [+]
Employment Rate 60.90 60.20 61.50 56.10 percent [+]


South Korea Labour Costs

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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
145.80 129.60 149.40 91.30 2008 - 2017 Index Points Quarterly
NSA, 2010=100




labour costs by Country
Country Last
Australia 101.20 Dec/17
Brazil 136.43 Apr/18
Canada 116.91 Dec/17
China 103.50 Mar/18
Euro Area 114.00 Dec/17
France 107.20 Dec/17
Germany 113.11 Mar/18
Italy 104.90 Dec/17
Mexico 85.00 Mar/18
Netherlands 104.10 Dec/17
South Korea 145.80 Sep/17
Spain 105.10 Dec/17
Turkey 239.21 Dec/17
United Kingdom 105.50 Dec/17
United States 109.97 Mar/18


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