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

Labour Costs in South Korea decreased to 129.60 Index Points in the second quarter of 2017 from 148.10 Index Points in the first quarter of 2017. Labour Costs in South Korea averaged 115.05 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 3.60 3.60 7.10 2.90 percent [+]
Employed Persons 26726.00 26629.00 26726.00 20275.00 Thousand [+]
Unemployed Persons 1007.00 1011.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 62.30 63.20 63.80 48.50 percent [+]
Labour Costs 129.60 148.10 149.40 91.30 Index Points [+]
Productivity 98.50 97.60 104.20 53.50 Index Points [+]
Wages 3575612.00 3332086.00 3623535.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3874983.00 3589196.00 4051306.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 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 9.30 9.40 13.40 3.80 percent [+]
Employment Rate 61.30 61.10 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
129.60 148.10 149.40 91.30 2008 - 2017 Index Points Quarterly
NSA, 2010=100




labour costs by Country
Country Last
Australia 100.50 Sep/17
Brazil 121.89 Nov/17
Canada 114.90 Sep/17
China 104.50 Dec/17
Euro Area 104.20 Sep/17
France 107.40 Sep/17
Germany 112.39 Sep/17
Italy 106.70 Sep/17
Mexico 79.70 Nov/17
Netherlands 98.50 Sep/17
South Korea 129.60 Jun/17
Spain 101.70 Jun/17
Turkey 240.32 Sep/17
United Kingdom 104.90 Sep/17
United States 108.36 Sep/17


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