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South Korea

South Korea Productivity Stats

Definitions

  • GDP per hour worked: Figures for 2005. The Conference Board, Labor Productivity and Per Capita Income Levels and the Effects of Working Hours and Labor Utilization, 2009.
  • GDP per hour worked > 2009: The Conference Board, Labor Productivity and Per Capita Income Levels and the Effects of Working Hours and Labor Utilization, 2009.
  • Labour productivity growth > GDP per hour worked: The output measures used for calculations are Gross Domestic Product estimates from OECD Annual National Accounts database, based on the 1993 System of National Accounts. Labour input measures used are estimates of the hours actually worked. They reflect regular hours worked by full-time and part-time workers, paid and unpaid overtime, hours worked in additional jobs and time not worked because of public holidays, annual paid leaves, strikes and labour disputes, bad weather, economic conditions and other reasons.
STAT AMOUNT DATE RANK
GDP per hour worked 29.24 2009 20th out of 26
GDP per hour worked > 2009 27 2009 28th out of 39
Labour productivity growth > GDP per hour worked 5.4% 1993 2nd out of 29

Citation

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