Labour income share as a percent of GDP in South Korea
South Korea: Labour income share as a percent of GDP was 58.37 in 2026. ▬ Flat
Labour income share as a percent of GDP in South Korea, 2004–2026
Source: International Labour Organization.
Analysis
The most recent figure for labour income share as a percent of gdp in South Korea is 58.37, measured in 2026.
That represents a change of down 0.5% on the previous year and up 3.1% over ten years.
Over the whole period, labour income share as a percent of gdp in South Korea peaked at 59.23 in 2020 and was at its lowest, 54.68, in 2010.
South Korea ranks 23rd of 188 countries on this measure, in the top quarter.
Labour income share as a percent of GDP in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 57.04 | — |
| 2005 | 57.94 | +1.6% |
| 2006 | 58.37 | +0.7% |
| 2007 | 57.56 | -1.4% |
| 2008 | 57.3 | -0.4% |
| 2009 | 56.53 | -1.3% |
| 2010 | 54.68 | -3.3% |
| 2011 | 55.4 | +1.3% |
| 2012 | 55.91 | +0.9% |
| 2013 | 56.11 | +0.3% |
| 2014 | 56.82 | +1.3% |
| 2015 | 57.01 | +0.3% |
| 2016 | 56.59 | -0.7% |
| 2017 | 56.22 | -0.7% |
| 2018 | 57.1 | +1.6% |
| 2019 | 58.69 | +2.8% |
| 2020 | 59.23 | +0.9% |
| 2021 | 57.47 | -3.0% |
| 2022 | 58.28 | +1.4% |
| 2023 | 58.77 | +0.8% |
| 2024 | 58.13 | -1.1% |
| 2025 | 58.68 | +1.0% |
| 2026 | 58.37 | -0.5% |
South Korea compared with similar countries
- South Korea's 58.37 is above the median for high income countries, which is 53.63, 1.1× the median. (62 countries reporting)
- South Korea's 58.37 is above the median for East Asia & Pacific, which is 47.1, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 57.46 | 56.53 | 58.37 | 6 |
| 2010s | 56.45 | 54.68 | 58.69 | 10 |
| 2020s | 58.42 | 57.47 | 59.23 | 7 |
Countries ranked near South Korea
More work & labour data for South Korea
- Persons outside the labour force (ILO modelled estimates) 16,840 (2027)
- Labour force participation rate (ILO modelled estimates) 63.91 (2027)
- Labour force (ILO modelled estimates) 29,824 (2027)
- Unemployment rate (ILO modelled estimates) 2.96 (2027)
- Labour dependency ratio 0.78 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 97,052 (2027)
- Output per worker, GDP constant 2015 US $ 65,686 (2027)
- Employment-to-population ratio (ILO modelled estimates) 62.02 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9719 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.1065 % change on previous year (2027)
Frequently asked questions
- What is labour income share as a percent of gdp in South Korea?
- Labour income share as a percent of gdp in South Korea was 58.37 in 2026, according to International Labour Organization.
- What is the highest labour income share as a percent of gdp recorded in South Korea?
- The highest recorded value was 59.23 in 2020.
- What is the lowest labour income share as a percent of gdp recorded in South Korea?
- The lowest recorded value was 54.68 in 2010.
- How does South Korea rank for labour income share as a percent of gdp?
- South Korea ranks 23rd out of 188 countries with data for 2026.
- Is labour income share as a percent of gdp rising or falling in South Korea?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Labour Organization, published as part of Labour income share as a percent of GDP (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. 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.