Productivity in South Korea increased to 109.80 Index Points in the third quarter of 2018 from 109.20 Index Points in the second quarter of 2018. Productivity in South Korea averaged 88.09 Index Points from 2000 until 2018, reaching an all time high of 109.80 Index Points in the third quarter of 2018 and a record low of 53.50 Index Points in the first quarter of 2000.

Productivity in South Korea is expected to be 109.20 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 108.70 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 4.40 3.80 7.10 3.00 percent [+]
Employed Persons 26922.00 26889.00 26966.00 20268.00 Thousand [+]
Unemployed Persons 1225.00 1059.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 61.90 62.20 63.90 48.50 percent [+]
Productivity 109.80 109.20 109.80 53.50 Index Points [+]
Labour Costs 109.40 96.50 149.40 91.30 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 8350.00 7530.00 8350.00 600.00 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 8.70 8.60 13.40 3.80 percent [+]
Employment Rate 60.10 61.40 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
109.80 109.20 109.80 53.50 2000 - 2018 Index Points Quarterly
NSA, 2015=100




Country Last Previous
Australia 100.70 Sep/18
Brazil 93.07 Dec/18
Canada 105.70 Sep/18
Euro Area 105.20 Dec/18
France 118.72 Sep/18
Germany 97.60 Dec/18
Italy 104.90 Dec/17
Japan 98.90 Nov/18
Mexico 107.60 Nov/18
Netherlands 33.97 Dec/18
Russia 1.50 Dec/17
Singapore 117.00 Dec/18
South Korea 109.80 Sep/18
Spain 109.80 Dec/18
Switzerland 103.70 Sep/18
United Kingdom 101.40 Sep/18
United States 105.69 Sep/18


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