Labor share of gdp in South Korea
South Korea: Labor share of gdp was 59.7 in 2020. ▬ Flat
Latest (2020)
59.7
Change on year
down 0.5%
World rank
23rd
of 186 countries
All-time high
60
in 2019
All-time low
55.7
in 2010
Years of data
17
2004–2020
Labor share of gdp in South Korea, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in South Korea stood at 59.7.
That represents a change of down 0.5% on the previous year and up 7.2% over ten years.
Over the whole period, labor share of gdp in South Korea peaked at 60 in 2019 and was at its lowest, 55.7, in 2010.
South Korea ranks 23rd of 186 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.88 | 57.8 | 59.8 | 6 |
| 2010s | 57.53 | 55.7 | 60 | 10 |
| 2020s | 59.7 | 59.7 | 59.7 | 1 |
Countries ranked near South Korea
More work & labour data for South Korea
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 64.4% (2025)
- Labor force participation rate, male (% of male population ages 15+) 72.0% (2025)
- Ratio of female to male labor force participation rate (%) 78.9% (2025)
- Labor force participation rate, female (% of female population ages 15 56.8% (2025)
- Labor force participation rate, total (% of total population ages 15-6 71.2% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 77.6% (2025)
- Labor force participation rate, female (% of female population ages 15 64.4% (2025)
Frequently asked questions
- What is labor share of gdp in South Korea?
- Labor share of gdp in South Korea was 59.7 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in South Korea?
- The highest recorded value was 60 in 2019.
- What is the lowest labor share of gdp recorded in South Korea?
- The lowest recorded value was 55.7 in 2010.
- How does South Korea rank for labor share of gdp?
- South Korea ranks 23rd out of 186 countries with data for 2020.
- Is labor share of gdp rising or falling in South Korea?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).