Italy vs South Korea: Labour income share as a percent of GDP
Labour income share as a percent of GDP over time
- Italy
- South Korea
How they compare
Italy currently reports 58.41 against 58.37 in South Korea, a difference of 0.04.
The two have swapped places 4 times across 23 shared years of data; in 2004 it was Italy ahead.
Italy ranks 22nd and South Korea ranks 23rd of 188 countries.
Across the 3 decades both report, Italy averaged higher in 1 and South Korea in 2.
Head to head by decade
| Decade | Italy | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 57.37 | 57.46 | 0.0867 | South Korea |
| 2010s | 59.02 | 56.45 | 2.57 | Italy |
| 2020s | 57.09 | 58.42 | 1.33 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour income share as a percent of gdp, Italy or South Korea?
- Italy, at 58.41 against 58.37 in South Korea as of 2026.
- What is the difference in labour income share as a percent of gdp between Italy and South Korea?
- 0.04, with Italy ahead.
- How many years of comparable data are there for Italy and South Korea?
- 23 years are reported by both, from 2004 to 2026.
- How do Italy and South Korea rank globally for labour income share as a percent of gdp?
- Italy ranks 22nd and South Korea ranks 23rd of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Labour income share as a percent of GDP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. The labour income share in GDP is the ratio, in percentage, between total labour income and gross domestic product (a measure of total output), both provided in nominal terms. Labour income includes the compensation of employees and part of the income of the self-employed. Self-employed workers earn from both their work and capital ownership. Total compensation of employees refers to the remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. The labour income of self-employed is imputed on the basis of a statistical analysis of employees of similar characteristics. The labour income share after accounting for the labour income of the self-employed is often referred to as the adjusted labour income share in GDP. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.