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

Labour Costs in South Korea increased to 148.10 Index Points in the first quarter of 2017 from 134.10 Index Points in the fourth quarter of 2016. Labour Costs in South Korea averaged 114.66 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 3.70 7.10 2.90 percent [+]
Employed Persons 26593.00 26599.00 26622.00 20275.00 Thousand [+]
Unemployed Persons 997.00 1022.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 63.30 63.40 63.80 48.50 percent [+]
Labour Costs 148.10 134.10 149.40 91.30 Index Points [+]
Productivity 97.60 98.10 104.20 53.50 Index Points [+]
Wages 3332086.00 3623535.00 3623535.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 3589196.00 4051306.00 4051306.00 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 8.70 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
148.10 134.10 149.40 91.30 2008 - 2017 Index Points Quarterly
NSA, 2010=100




labour costs by Country
Country Last
Australia 99.80 Jun/17
Brazil 140.43 Sep/17
Canada 114.65 Jun/17
China 104.00 Sep/17
Euro Area 111.10 Jun/17
France 107.30 Jun/17
Germany 111.97 Jun/17
Italy 106.70 Jun/17
Mexico 85.70 Sep/17
Netherlands 115.10 Jun/17
South Korea 148.10 Mar/17
Spain 101.70 Jun/17
Turkey 232.11 Jun/17
United Kingdom 104.90 Jun/17
United States 108.96 Sep/17