Real labour productivity by main economic activity (ROPI-adjusted for) in Korea
Korea: Real labour productivity by main economic activity (ROPI-adjusted for) was 89,414 US dollars per worker, PPP converted in 2024. ▲ Rising
Real labour productivity by main economic activity (ROPI-adjusted for) in Korea, 1998–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per worker, PPP converted.
Analysis
In 2024, real labour productivity by main economic activity (ropi-adjusted for) in Korea stood at 89,414 US dollars per worker, PPP converted. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 17.1% over ten years.
Over the whole period, real labour productivity by main economic activity (ropi-adjusted for) 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.
Real labour productivity by main economic activity (ROPI-adjusted for) 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 Türkiye 85,580 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 real labour productivity by main economic activity (ropi-adjusted for) in Korea?
- Real labour productivity by main economic activity (ropi-adjusted for) 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 real labour productivity by main economic activity (ropi-adjusted for) recorded in Korea?
- The highest recorded value was 89,414 US dollars per worker, PPP converted in 2024.
- What is the lowest real labour productivity by main economic activity (ropi-adjusted for) recorded in Korea?
- The lowest recorded value was 45,002 US dollars per worker, PPP converted in 1998.
- How does Korea rank for real labour productivity by main economic activity (ropi-adjusted for)?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is real labour productivity by main economic activity (ropi-adjusted for) 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 Real labour productivity by main economic activity (ROPI-adjusted for inflation) - Regions. Statizoid updates them automatically from the source API.
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About this data
This dataset provides indicators on labour productivity for large and small regions. Real values are deflation-adjusted using the Regional Producer Price Index (ROPI), where available. 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 (reg_eco10) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites. In order to allow comparability over time and across countries, data in current prices are transformed into constant prices and PPP measures. 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). For more information, see the OECD Territorial grid (pdf) and the OECD Territorial Correspondence Table (xlsx). Use of economic data on small regions When economic analyses are carried out at the TL3 level, it is advisable to aggregate data at the metropolitan region level when several TL3 regions are associated to the same metropolitan region. Metropolitan regions combine TL3 regions when 50% or more of the regional population live in a functionnal urban areas above 250 000 inhabitants. This approach corrects the distortions created by commuting. Correspondence between TL3 and metropolitan regions:(xlsx). Small regions (TL3) are categorized based on shared characteristics into regional typologies. See the economic indicators aggregated by territorial typology at country level on the access to City typology (link) and by urban-rural typology (link). 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.