South Korea Labour Costs  2008-2018 | Data | Chart | Calendar | Forecast

Labour Costs in South Korea increased to 127.70 Index Points in the first quarter of 2018 from 105 Index Points in the fourth quarter of 2017. Labour Costs in South Korea averaged 115.87 Index Points from 2008 until 2018, reaching an all time high of 149.40 Index Points in the first quarter of 2016 and a record low of 91.30 Index Points in the second quarter of 2011.

South Korea Labour Costs
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South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 4.00 7.10 2.90 percent [+]
Employed Persons 26798.00 26751.00 26922.00 20275.00 Thousand [+]
Unemployed Persons 1018.00 1114.00 1564.00 684.00 Thousand [+]
Labor Force Participation Rate 63.80 63.90 63.90 48.50 percent [+]
Labour Costs 127.70 105.00 149.40 91.30 Index Points [+]
Productivity 105.60 109.70 109.70 53.50 Index Points [+]
Wages 3917383.00 3541984.00 3917383.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4562783.00 3877934.00 4562783.00 2520139.00 KRW/Month [+]
Minimum Wages 7530.00 6470.00 7530.00 600.00 KRW/Hour [+]
Population 51.45 51.25 51.45 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 9.10 10.60 13.40 3.80 percent [+]
Employment Rate 61.40 61.30 61.50 56.10 percent [+]


South Korea Labour Costs

This page provides - South Korea Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Labour Costs - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
127.70 105.00 149.40 91.30 2008 - 2018 Index Points Quarterly
NSA, 2010=100




labour costs by Country
Country Last
Australia 101.10 Mar/18
Brazil 118.88 Jun/18
Canada 117.22 Mar/18
China 104.60 Jun/18
Euro Area 102.50 Mar/18
France 107.30 Mar/18
Germany 113.11 Mar/18
Italy 104.80 Mar/18
Mexico 77.60 May/18
Netherlands 101.90 Mar/18
South Korea 127.70 Mar/18
Spain 98.30 Mar/18
Turkey 147.86 Mar/18
United Kingdom 103.80 Mar/18
United States 109.35 Jun/18


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