Labour productivity by main economic activity - Regions in Korea
Korea: Labour productivity by main economic activity - Regions was 89,414 US dollars per worker, PPP converted in 2024. ▲ Rising
Labour productivity by main economic activity - Regions in Korea, 1998–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per worker, PPP converted.
Analysis
Korea recorded 89,414 US dollars per worker, PPP converted for labour productivity by main economic activity - regions in 2024. That is the highest value across all 27 years on record.
The figure is up 1.2% on the previous year and up 17.1% over ten years.
Over the whole period, labour productivity by main economic activity - regions in Korea peaked at 89,414 US dollars per worker, PPP converted in 2024 and was at its lowest, 45,002 US dollars per worker, PPP converted, in 1998.
The long-run direction has been consistently rising across the 27 years of available data.
Labour productivity by main economic activity - Regions in Korea, year by year
| Year | US dollars per worker, PPP converted | Change |
|---|---|---|
| 1998 | 45,002 US dollars per worker, PPP converted | — |
| 1999 | 48,970 US dollars per worker, PPP converted | +8.8% |
| 2000 | 51,482 US dollars per worker, PPP converted | +5.1% |
| 2001 | 52,927 US dollars per worker, PPP converted | +2.8% |
| 2002 | 55,292 US dollars per worker, PPP converted | +4.5% |
| 2003 | 57,292 US dollars per worker, PPP converted | +3.6% |
| 2004 | 58,979 US dollars per worker, PPP converted | +2.9% |
| 2005 | 60,534 US dollars per worker, PPP converted | +2.6% |
| 2006 | 63,196 US dollars per worker, PPP converted | +4.4% |
| 2007 | 66,132 US dollars per worker, PPP converted | +4.6% |
| 2008 | 67,930 US dollars per worker, PPP converted | +2.7% |
| 2009 | 68,613 US dollars per worker, PPP converted | +1.0% |
| 2010 | 72,960 US dollars per worker, PPP converted | +6.3% |
| 2011 | 74,662 US dollars per worker, PPP converted | +2.3% |
| 2012 | 74,462 US dollars per worker, PPP converted | -0.3% |
| 2013 | 75,339 US dollars per worker, PPP converted | +1.2% |
| 2014 | 76,346 US dollars per worker, PPP converted | +1.3% |
| 2015 | 77,523 US dollars per worker, PPP converted | +1.5% |
| 2016 | 79,032 US dollars per worker, PPP converted | +1.9% |
| 2017 | 80,424 US dollars per worker, PPP converted | +1.8% |
| 2018 | 82,886 US dollars per worker, PPP converted | +3.1% |
| 2019 | 85,152 US dollars per worker, PPP converted | +2.7% |
| 2020 | 84,334 US dollars per worker, PPP converted | -1.0% |
| 2021 | 86,030 US dollars per worker, PPP converted | +2.0% |
| 2022 | 86,712 US dollars per worker, PPP converted | +0.8% |
| 2023 | 88,394 US dollars per worker, PPP converted | +1.9% |
| 2024 | 89,414 US dollars per worker, PPP converted | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46,986 US dollars per worker, PPP converted | 45,002 US dollars per worker, PPP converted | 48,970 US dollars per worker, PPP converted | 2 |
| 2000s | 60,238 US dollars per worker, PPP converted | 51,482 US dollars per worker, PPP converted | 68,613 US dollars per worker, PPP converted | 10 |
| 2010s | 77,879 US dollars per worker, PPP converted | 72,960 US dollars per worker, PPP converted | 85,152 US dollars per worker, PPP converted | 10 |
| 2020s | 86,977 US dollars per worker, PPP converted | 84,334 US dollars per worker, PPP converted | 89,414 US dollars per worker, PPP converted | 5 |
Countries ranked near Korea
- 1 Ireland 213,644 US dollars per worker, PPP converted compare
- 2 Luxembourg 143,025 US dollars per worker, PPP converted compare
- 3 United States of America 138,020 US dollars per worker, PPP converted compare
- 4 Belgium 129,520 US dollars per worker, PPP converted compare
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)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is labour productivity by main economic activity - regions in Korea?
- Labour productivity by main economic activity - regions in Korea was 89,414 US dollars per worker, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest labour productivity by main economic activity - regions recorded in Korea?
- The highest recorded value was 89,414 US dollars per worker, PPP converted in 2024.
- What is the lowest labour productivity by main economic activity - regions recorded in Korea?
- The lowest recorded value was 45,002 US dollars per worker, PPP converted in 1998.
- How does Korea rank for labour productivity by main economic activity - regions?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is labour productivity by main economic activity - regions rising or falling in Korea?
- Over the last ten years it is up 17.1%. 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 Labour productivity by main economic activity - Regions. Statizoid updates them automatically from the source API.
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About this data
This dataset provides indicators on labour productivity, in large regions (TL2) and small regions (TL3). Data source and definition Labour productivity is measured as gross value added per employment at place of work by main economic activity. Regional gross value added and employment data are collected from Eurostat for EU countries and from the OECD Working Party on Territorial Indicators (WPTI) delegates or national statistical offices for other countries. To ensure comparability across time and countries, current-price data are converted into constant prices and PPPs. National deflators are used in this dataflow, constant prices measures based on regional deflators are available in the ROPI dataflows. See the Regional data sources. Definition of regions Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). See the OECD Territorial grid. Use of economic data on small regions TL3 regions are grouped into typologies based on shared characteristics. For economic analysis, TL3 regions belonging to the same Functional Urban Area (FUA) with more than 250,000 inhabitants are aggregated into a single metropolitan region to reduce distortions from commuting. See the OECD Territorial Correspondence Table. Cite this dataset OECD Regions, Cities and Local Areas database http://oe.cd/geostats. Further information OECD Regions and Cities Statistical Atlas OECD Regions and Cities at a Glance For questions and/or comments, please email RegionStat@oecd.org.