Productivity vs. educational attainment in South Korea
South Korea: Productivity vs. educational attainment was 53.61 international-$ in 2021 prices per hour in 2023. ◆ Volatile
Productivity vs. educational attainment in South Korea, 1953–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.
Analysis
South Korea recorded 53.61 international-$ in 2021 prices per hour for productivity vs. educational attainment in 2023.
The figure is down 1.2% on the previous year and up 39.5% over ten years.
Over the whole period, productivity vs. educational attainment in South Korea peaked at 54.24 international-$ in 2021 prices per hour in 2022 and was at its lowest, 1.67 international-$ in 2021 prices per hour, in 1953.
South Korea ranks 25th of 130 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.81 international-$ in 2021 prices per hour | 1.67 international-$ in 2021 prices per hour | 1.9 international-$ in 2021 prices per hour | 7 |
| 1960s | 2.07 international-$ in 2021 prices per hour | 1.77 international-$ in 2021 prices per hour | 2.54 international-$ in 2021 prices per hour | 10 |
| 1970s | 4.63 international-$ in 2021 prices per hour | 2.81 international-$ in 2021 prices per hour | 6.19 international-$ in 2021 prices per hour | 10 |
| 1980s | 8.4 international-$ in 2021 prices per hour | 5.87 international-$ in 2021 prices per hour | 12.47 international-$ in 2021 prices per hour | 10 |
| 1990s | 19.86 international-$ in 2021 prices per hour | 13.93 international-$ in 2021 prices per hour | 24.5 international-$ in 2021 prices per hour | 10 |
| 2000s | 31.72 international-$ in 2021 prices per hour | 25.21 international-$ in 2021 prices per hour | 37.67 international-$ in 2021 prices per hour | 10 |
| 2010s | 42.53 international-$ in 2021 prices per hour | 38.42 international-$ in 2021 prices per hour | 49.54 international-$ in 2021 prices per hour | 10 |
| 2020s | 53.35 international-$ in 2021 prices per hour | 51.98 international-$ in 2021 prices per hour | 54.24 international-$ in 2021 prices per hour | 4 |
Countries ranked near South Korea
- 22 Taiwan 60.85 international-$ in 2021 prices per hour compare
- 23 Saudi Arabia 59.88 international-$ in 2021 prices per hour compare
- 24 Turkey 56.52 international-$ in 2021 prices per hour compare
- 26 Bahrain 52.47 international-$ in 2021 prices per hour compare
- 27 United Arab Emirates 52.13 international-$ in 2021 prices per hour compare
- 28 Hong Kong 51.52 international-$ in 2021 prices per hour compare
More education data for South Korea
- Duration of pre-primary education 3 years (2025)
- Official entrance age to pre-primary education 3 years (2025)
- Population ages 15-64 69.5% (2025)
- Population ages 0-14 10.2% (2025)
- Lower secondary school starting age 12 years (2025)
- Primary school starting age 6 years (2025)
- School enrollment, primary 100.9% (2024)
- Primary education, teachers 173,133 (2024)
- Fertility rate vs. average years of schooling 0.734 live births per woman (2024)
- School enrollment, primary, female 100.8% (2024)
Frequently asked questions
- What is productivity vs. educational attainment in South Korea?
- Productivity vs. educational attainment in South Korea was 53.61 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest productivity vs. educational attainment recorded in South Korea?
- The highest recorded value was 54.24 international-$ in 2021 prices per hour in 2022.
- What is the lowest productivity vs. educational attainment recorded in South Korea?
- The lowest recorded value was 1.67 international-$ in 2021 prices per hour in 1953.
- How does South Korea rank for productivity vs. educational attainment?
- South Korea ranks 25th out of 130 countries with data for 2023.
- Is productivity vs. educational attainment rising or falling in South Korea?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. educational attainment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 71 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.