South Korea vs Paraguay: Wage bill as a percentage of GDP
South Korea
6.9%
in 2019
Paraguay
6.7%
in 2022
South Korea rank
115th
Paraguay rank
116th
Wage bill as a percentage of GDP over time
- South Korea
- Paraguay
How they compare
South Korea currently reports 6.9% against 6.7% in Paraguay, a difference of 0.2%.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was South Korea ahead.
South Korea ranks 115th and Paraguay ranks 116th of 191 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Paraguay in 1.
Head to head by decade
| Decade | South Korea | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.4% | 5.1% | 1.3% | South Korea |
| 2010s | 6.4% | 6.5% | 0.1% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, South Korea or Paraguay?
- South Korea, at 6.9% against 6.7% in Paraguay as of 2019.
- What is the difference in wage bill as a percentage of gdp between South Korea and Paraguay?
- 0.2%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Paraguay?
- 17 years are reported by both, from 2003 to 2019.
- How do South Korea and Paraguay rank globally for wage bill as a percentage of gdp?
- South Korea ranks 115th and Paraguay ranks 116th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.