South Korea vs Panama: Output per hour worked, GDP constant 2021 international $ at PPP (ILO)
Output per hour worked, GDP constant 2021 international $ at PPP (ILO) over time
- South Korea
- Panama
How they compare
South Korea currently reports 50.05 against 45.6 in Panama, a difference of 4.45.
That makes South Korea's figure about 1.1 times Panama's.
Across all 23 years both countries report, South Korea has been ahead every year.
South Korea ranks 48th and Panama ranks 51st of 188 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.3 | 22.81 | 6.49 | South Korea |
| 2010s | 37 | 32.02 | 4.99 | South Korea |
| 2020s | 46.92 | 42.69 | 4.23 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher output per hour worked, gdp constant 2021 international $ at ppp, South Korea or Panama?
- South Korea, at 50.05 against 45.6 in Panama as of 2027.
- What is the difference in output per hour worked, gdp constant 2021 international $ at ppp between South Korea and Panama?
- 4.45, with South Korea ahead.
- How many years of comparable data are there for South Korea and Panama?
- 23 years are reported by both, from 2005 to 2027.
- How do South Korea and Panama rank globally for output per hour worked, gdp constant 2021 international $ at ppp?
- South Korea ranks 48th and Panama ranks 51st of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.