Output per worker, GDP constant 2015 US $ in Republic of Korea
Republic of Korea: Output per worker, GDP constant 2015 US $ was 65,686 in 2027. ▲ Rising
Output per worker, GDP constant 2015 US $ in Republic of Korea, 1991–2027
Source: International Labour Organization.
Analysis
Republic of Korea recorded 65,686 for output per worker, gdp constant 2015 us $ in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 14.5% over ten years.
Over the whole period, output per worker, gdp constant 2015 us $ in Republic of Korea peaked at 65,686 in 2027 and was at its lowest, 22,816, in 1991.
Republic of Korea ranks 35th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Output per worker, GDP constant 2015 US $ in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 22,816 | — |
| 1992 | 23,856 | +4.6% |
| 1993 | 25,293 | +6.0% |
| 1994 | 26,879 | +6.3% |
| 1995 | 28,811 | +7.2% |
| 1996 | 30,553 | +6.0% |
| 1997 | 32,004 | +4.7% |
| 1998 | 32,349 | +1.1% |
| 1999 | 35,478 | +9.7% |
| 2000 | 37,092 | +4.5% |
| 2001 | 38,185 | +2.9% |
| 2002 | 40,157 | +5.2% |
| 2003 | 41,525 | +3.4% |
| 2004 | 42,838 | +3.2% |
| 2005 | 44,486 | +3.8% |
| 2006 | 46,325 | +4.1% |
| 2007 | 48,483 | +4.7% |
| 2008 | 49,782 | +2.7% |
| 2009 | 50,328 | +1.1% |
| 2010 | 53,036 | +5.4% |
| 2011 | 53,749 | +1.3% |
| 2012 | 53,769 | +0.0% |
| 2013 | 54,331 | +1.0% |
| 2014 | 54,483 | +0.3% |
| 2015 | 55,242 | +1.4% |
| 2016 | 56,275 | +1.9% |
| 2017 | 57,356 | +1.9% |
| 2018 | 58,890 | +2.7% |
| 2019 | 59,583 | +1.2% |
| 2020 | 59,659 | +0.1% |
| 2021 | 61,738 | +3.5% |
| 2022 | 61,495 | -0.4% |
| 2023 | 61,625 | +0.2% |
| 2024 | 62,492 | +1.4% |
| 2025 | 62,904 | +0.7% |
| 2026 | 64,133 | +2.0% |
| 2027 | 65,686 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28,671 | 22,816 | 35,478 | 9 |
| 2000s | 43,920 | 37,092 | 50,328 | 10 |
| 2010s | 55,671 | 53,036 | 59,583 | 10 |
| 2020s | 62,467 | 59,659 | 65,686 | 8 |
Countries ranked near Republic of Korea
- 32 Japan 69,762 compare
- 33 New Caledonia 68,363 compare
- 34 United Arab Emirates 67,939 compare
- 36 Bahamas 64,768 compare
- 37 Brunei Darussalam 64,415 compare
- 38 French Polynesia 63,069 compare
More work & labour data for Republic of 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)
- Output per worker, GDP constant 2021 international $ at PPP 97,052 (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)
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
- Criminal sanctions or compensation for workplace sexual harassment 1 (1=yes; 0=no) (2023)
- Women can take the same jobs as men 1 (1=yes; 0=no) (2023)
Frequently asked questions
- What is output per worker, gdp constant 2015 us $ in Republic of Korea?
- Output per worker, gdp constant 2015 us $ in Republic of Korea was 65,686 in 2027, according to International Labour Organization.
- What is the highest output per worker, gdp constant 2015 us $ recorded in Republic of Korea?
- The highest recorded value was 65,686 in 2027.
- What is the lowest output per worker, gdp constant 2015 us $ recorded in Republic of Korea?
- The lowest recorded value was 22,816 in 1991.
- How does Republic of Korea rank for output per worker, gdp constant 2015 us $?
- Republic of Korea ranks 35th out of 188 countries with data for 2027.
- Is output per worker, gdp constant 2015 us $ rising or falling in Republic of Korea?
- Over the last ten years it is up 14.5%. 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 worker, GDP constant 2015 US $ (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
This measure of labour productivity is calculated using data on GDP in constant 2015 US dollars derived from the World Development Indicators database of the World Bank. To compute labour productivity as GDP per worker, ILO estimates for total employment are used. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.