South Korea vs Taiwan: Productivity vs. educational attainment

South Korea
53.61 international-$ in 2021 prices per hour
in 2023
Taiwan
60.85 international-$ in 2021 prices per hour
in 2023
South Korea rank
25th
Taiwan rank
22nd

Productivity vs. educational attainment over time

  • South Korea
  • Taiwan
0204060195119872023

How they compare

Taiwan currently reports 60.85 international-$ in 2021 prices per hour against 53.61 international-$ in 2021 prices per hour in South Korea, a difference of 7.24 international-$ in 2021 prices per hour.

That makes Taiwan's figure about 1.1 times South Korea's.

Across all 70 years both countries report, Taiwan has been ahead every year.

South Korea ranks 25th and Taiwan ranks 22nd of 130 countries.

Taiwan has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade South Korea Taiwan Difference Ahead
1950s 1.81 international-$ in 2021 prices per hour 3.31 international-$ in 2021 prices per hour 1.5 international-$ in 2021 prices per hour Taiwan
1960s 2.07 international-$ in 2021 prices per hour 5.62 international-$ in 2021 prices per hour 3.55 international-$ in 2021 prices per hour Taiwan
1970s 4.63 international-$ in 2021 prices per hour 11.15 international-$ in 2021 prices per hour 6.52 international-$ in 2021 prices per hour Taiwan
1980s 8.4 international-$ in 2021 prices per hour 18.92 international-$ in 2021 prices per hour 10.52 international-$ in 2021 prices per hour Taiwan
1990s 19.86 international-$ in 2021 prices per hour 34.13 international-$ in 2021 prices per hour 14.28 international-$ in 2021 prices per hour Taiwan
2000s 31.72 international-$ in 2021 prices per hour 46.95 international-$ in 2021 prices per hour 15.23 international-$ in 2021 prices per hour Taiwan
2010s 42.81 international-$ in 2021 prices per hour 50.9 international-$ in 2021 prices per hour 8.09 international-$ in 2021 prices per hour Taiwan
2020s 53.35 international-$ in 2021 prices per hour 59.16 international-$ in 2021 prices per hour 5.81 international-$ in 2021 prices per hour Taiwan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher productivity vs. educational attainment, South Korea or Taiwan?
Taiwan, at 60.85 international-$ in 2021 prices per hour against 53.61 international-$ in 2021 prices per hour in South Korea as of 2023.
What is the difference in productivity vs. educational attainment between South Korea and Taiwan?
7.24 international-$ in 2021 prices per hour, with Taiwan ahead.
How many years of comparable data are there for South Korea and Taiwan?
70 years are reported by both, from 1953 to 2023.
How do South Korea and Taiwan rank globally for productivity vs. educational attainment?
South Korea ranks 25th and Taiwan ranks 22nd of 130 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Productivity vs. educational attainment. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Productivity vs. educational attainment
Unit
international-$ in 2021 prices per hour
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
130 places, 4,965 data points, 1950–2023
Last refreshed

Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.