Productivity in South Korea increased to 109.20 Index Points in the second quarter of 2018 from 105.60 Index Points in the first quarter of 2018. Productivity in South Korea averaged 87.79 Index Points from 2000 until 2018, reaching an all time high of 109.70 Index Points in the fourth quarter of 2017 and a record low of 53.50 Index Points in the first quarter of 2000.

Productivity in South Korea is expected to be 107.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in South Korea to stand at 108.90 in 12 months time. In the long-term, the South Korea Productivity is projected to trend around 19.60 Index Points in 2020, according to our econometric models.

South Korea Productivity
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.20 7.10 3.00 percent [+]
Employed Persons 26837.00 26812.00 26922.00 20268.00 Thousand [+]
Unemployed Persons 1100.00 1122.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 63.40 63.50 63.90 48.50 percent [+]
Labour Costs 96.50 127.70 149.40 91.30 Index Points [+]
Productivity 109.20 105.60 109.70 53.50 Index Points [+]
Wages 3737254.00 3457189.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4067903.00 3692181.00 4562783.00 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 8.50 9.00 13.40 3.80 percent [+]
Employment Rate 61.20 61.20 61.60 56.10 percent [+]


South Korea Productivity

In South Korea, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - South Korea Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Productivity - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
109.20 105.60 109.70 53.50 2000 - 2018 Index Points Quarterly
NSA, 2015=100




Country Last Previous
Australia 100.70 Sep/18
Brazil 119.16 Oct/18
Canada 105.70 Sep/18
Euro Area 105.30 Sep/18
France 118.72 Sep/18
Germany 101.20 Sep/18
Italy 104.90 Dec/17
Japan 102.10 Sep/18
Mexico 107.00 Sep/18
Netherlands 33.88 Sep/18
Russia 1.50 Dec/17
Singapore 108.30 Sep/18
South Korea 109.20 Jun/18
Spain 111.70 Sep/18
Switzerland 104.72 Jun/18
United Kingdom 101.20 Sep/18
United States 105.69 Sep/18


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