South Korea: Productivity, current USD

* indicates monthly or quarterly data series
 South Korea

GDP per hour worked in current USD, PPP adjusted

 Latest value 50.1
 Year 2022
 Measure USD per hour worked
 Data availability 2011 - 2022
 Average 39.1
 Min - Max 31.1 - 50.1
 Source OECD
For that indicator, we provide data for South Korea from 2011 to 2022. The average value for South Korea during that period was 39.1 USD per hour worked with a minimum of 31.1 USD per hour worked in 2011 and a maximum of 50.1 USD per hour worked in 2022. The latest value from 2022 is 50.1 USD per hour worked. For comparison, the world average in 2022 based on 37 countries is 75.0 USD per hour worked. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Productivity, current USD - Recent values chart

Historical chart
South Korea - Productivity, current USD - historical chart - 2011-2022




Definition: GDP per hour worked expressed in current USD. The level of GDP is adjusted in terms of Purchasing Power Parity to reflect price differences across countries.

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 Related indicators Latest value Reference Measure
 Economic growth 2.61 2022 percent
 GDP, constant dollars 1,740.9 2022 billion U.S. dollars
 GDP, current U.S. dollars 1,673.92 2022 billion U.S. dollars
 GDP per capita, current dollars 32,422.57 2022 U.S. dollars
 GDP per capita, PPP 45,560 2022 U.S. dollars
 GDP per capita, constant dollars 33,719.39 2022 U.S. dollars
 Productivity, relative to the U.S. 54.75 2022 index points
 Productivity, current USD 50.1 2022 USD per hour worked
 Economic growth, quarterly 1.40 Q3/2023 percent
 Economic growth Q-on-Q 0.60 Q3/2023 percent
 Gross Domestic Product (GDP) 611,097.60 Q3/2023 billion
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