Economic Outlook No 115 — Trend labour efficiency in Korea
Korea: Economic Outlook No 115 — Trend labour efficiency was 37.66 million in 2025. ▲ Rising
Economic Outlook No 115 — Trend labour efficiency in Korea, 1985–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
Korea recorded 37.66 million for economic outlook no 115 — trend labour efficiency in 2025. That is the highest value across all 41 years on record.
The figure is up 1.1% on the previous year and up 12.9% over ten years.
Over the whole period, economic outlook no 115 — trend labour efficiency in Korea peaked at 37.66 million in 2025 and was at its lowest, 12.63 million, in 1985.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.97 million | 12.63 million | 15.34 million | 5 |
| 1990s | 19.38 million | 16.05 million | 22.80 million | 10 |
| 2000s | 26.92 million | 23.58 million | 30.07 million | 10 |
| 2010s | 33.04 million | 30.68 million | 35.16 million | 10 |
| 2020s | 36.62 million | 35.58 million | 37.66 million | 6 |
Countries ranked near Korea
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
- Balanced trade in services 60.55 US dollars, exchange rate converted (2024)
- Global Revenue Statistics - Reference series — Gross domestic 1.71 million US dollar (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 9.68 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 507,113 US dollar (2022)
- Environmentally related tax revenue 1.38 Percentage of GDP (2023)
- Global Revenue Statistics - Comparative tax revenues 25.33 Percentage of GDP (2024)
Frequently asked questions
- What is economic outlook no 115 — trend labour efficiency in Korea?
- Economic outlook no 115 — trend labour efficiency in Korea was 37.66 million in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — trend labour efficiency recorded in Korea?
- The highest recorded value was 37.66 million in 2025.
- What is the lowest economic outlook no 115 — trend labour efficiency recorded in Korea?
- The lowest recorded value was 12.63 million in 1985.
- How does Korea rank for economic outlook no 115 — trend labour efficiency?
- Korea ranks 1st out of 3 groups with data for 2025.
- Is economic outlook no 115 — trend labour efficiency rising or falling in Korea?
- Over the last ten years it is up 12.9%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Trend labour efficiency. Statizoid updates them automatically from the source API.
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP