Output per hour worked, GDP constant 2021 international $ at PPP in Republic of Korea
Republic of Korea: Output per hour worked, GDP constant 2021 international $ at PPP was 50.05 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in Republic of Korea, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, output per hour worked, gdp constant 2021 international $ at ppp in Republic of Korea stood at 50.05. That is the highest value across all 23 years on record.
That represents a change of up 2.4% on the previous year and up 30.4% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in Republic of Korea peaked at 50.05 in 2027 and was at its lowest, 26.62, in 2005.
That places Republic of Korea 48th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Output per hour worked, GDP constant 2021 international $ at PPP in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 26.62 | — |
| 2006 | 27.8 | +4.4% |
| 2007 | 29.55 | +6.3% |
| 2008 | 31.02 | +5.0% |
| 2009 | 31.49 | +1.5% |
| 2010 | 33.74 | +7.1% |
| 2011 | 35.18 | +4.3% |
| 2012 | 34.58 | -1.7% |
| 2013 | 36.18 | +4.6% |
| 2014 | 35.66 | -1.4% |
| 2015 | 36.28 | +1.7% |
| 2016 | 37.5 | +3.4% |
| 2017 | 38.39 | +2.4% |
| 2018 | 40.6 | +5.8% |
| 2019 | 41.93 | +3.3% |
| 2020 | 43.84 | +4.6% |
| 2021 | 45.52 | +3.8% |
| 2022 | 46.08 | +1.2% |
| 2023 | 45.48 | -1.3% |
| 2024 | 47.61 | +4.7% |
| 2025 | 47.93 | +0.7% |
| 2026 | 48.87 | +2.0% |
| 2027 | 50.05 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.3 | 26.62 | 31.49 | 5 |
| 2010s | 37 | 33.74 | 41.93 | 10 |
| 2020s | 46.92 | 43.84 | 50.05 | 8 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Imports of goods and services (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3902 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,137 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 26.56 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 32.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 20.83 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 754,550 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0147 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in Republic of Korea?
- Output per hour worked, gdp constant 2021 international $ at ppp in Republic of Korea was 50.05 in 2027, according to International Labour Organization.
- What is the highest output per hour worked, gdp constant 2021 international $ at ppp recorded in Republic of Korea?
- The highest recorded value was 50.05 in 2027.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in Republic of Korea?
- The lowest recorded value was 26.62 in 2005.
- How does Republic of Korea rank for output per hour worked, gdp constant 2021 international $ at ppp?
- Republic of Korea ranks 48th out of 188 countries with data for 2027.
- Is output per hour worked, gdp constant 2021 international $ at ppp rising or falling in Republic of Korea?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from International Labour Organization, published as part of Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
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.