{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"labor-productivity-per-hour-pennworldtable","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/labor-productivity-per-hour-pennworldtable","title":"Productivity: output per hour worked","unit":"international-$ in 2021 prices per hour"},"observations":[{"date":"1953-01-01","value":1.67242},{"date":"1954-01-01","value":1.70825},{"date":"1955-01-01","value":1.80269},{"date":"1956-01-01","value":1.79899},{"date":"1957-01-01","value":1.89946},{"date":"1958-01-01","value":1.90441},{"date":"1959-01-01","value":1.87485},{"date":"1960-01-01","value":1.82303},{"date":"1961-01-01","value":1.8503},{"date":"1962-01-01","value":1.7719},{"date":"1963-01-01","value":1.87988},{"date":"1964-01-01","value":2.07841},{"date":"1965-01-01","value":1.99601},{"date":"1966-01-01","value":2.22208},{"date":"1967-01-01","value":2.2403},{"date":"1968-01-01","value":2.34336},{"date":"1969-01-01","value":2.53849},{"date":"1970-01-01","value":2.81286},{"date":"1971-01-01","value":3.18147},{"date":"1972-01-01","value":3.42384},{"date":"1973-01-01","value":3.983},{"date":"1974-01-01","value":4.58344},{"date":"1975-01-01","value":5.1978},{"date":"1976-01-01","value":5.33077},{"date":"1977-01-01","value":5.661},{"date":"1978-01-01","value":5.93261},{"date":"1979-01-01","value":6.19367},{"date":"1980-01-01","value":5.872},{"date":"1981-01-01","value":6.08798},{"date":"1982-01-01","value":6.36165},{"date":"1983-01-01","value":7.06173},{"date":"1984-01-01","value":7.82413},{"date":"1985-01-01","value":8.00432},{"date":"1986-01-01","value":9.02031},{"date":"1987-01-01","value":10.0388},{"date":"1988-01-01","value":11.2679},{"date":"1989-01-01","value":12.4685},{"date":"1990-01-01","value":13.9254},{"date":"1991-01-01","value":15.4855},{"date":"1992-01-01","value":16.5995},{"date":"1993-01-01","value":17.897},{"date":"1994-01-01","value":19.6467},{"date":"1995-01-01","value":21.397},{"date":"1996-01-01","value":23.4881},{"date":"1997-01-01","value":23.1266},{"date":"1998-01-01","value":22.5125},{"date":"1999-01-01","value":24.4959},{"date":"2000-01-01","value":25.2116},{"date":"2001-01-01","value":25.6549},{"date":"2002-01-01","value":27.4329},{"date":"2003-01-01","value":29.0091},{"date":"2004-01-01","value":30.6891},{"date":"2005-01-01","value":33.5136},{"date":"2006-01-01","value":34.2891},{"date":"2007-01-01","value":36.3787},{"date":"2008-01-01","value":37.6669},{"date":"2009-01-01","value":37.4035},{"date":"2010-01-01","value":39.9018},{"date":"2011-01-01","value":39.7132},{"date":"2012-01-01","value":39.5932},{"date":"2013-01-01","value":38.416},{"date":"2014-01-01","value":40.0297},{"date":"2015-01-01","value":41.8495},{"date":"2016-01-01","value":43.2755},{"date":"2017-01-01","value":45.4208},{"date":"2018-01-01","value":47.5783},{"date":"2019-01-01","value":49.5447},{"date":"2020-01-01","value":51.9849},{"date":"2021-01-01","value":53.581},{"date":"2022-01-01","value":54.2419},{"date":"2023-01-01","value":53.6086}],"summary":{"latest_period":"2023-01-01","latest_value":53.6086,"max":54.2419,"mean":18.5673,"min":1.67242,"of":130,"rank":25,"trend":"volatile"}}
