Working hours per week in South Korea stood at 39 hours in 2021. The indicator decreased by 13.7% between 2010 and 2021. Working hours per week in South Korea was highest in the year 2010 at 45 hours and was lowest in the years 2020 and 2021 at 39 hours per week.
Working hours per week is defined as the days or hours that a person spends working for one week. It is calculated by dividing the total number of hours by 26. (The number of weeks in two quarters). The resultant figure represents the typical weekly number of hours you work.
According to GlobalData, the countries that had the highest working hours per week in 2021 include Singapore, Hong Kong, Costa Rica, Taiwan, Bosnia and Herzegovina, Peru, Greece, Romania, Serbia, and Bulgaria.
Countries with the lowest working hours per week include the Netherlands, Norway, Austria, Denmark, Germany, Finland, Belgium, Sweden, Panama, and Switzerland.
Between 2010 and 2021, the United States, Ireland, and Romania had a growth in the number of working hours per week. South Korea, Panama, Vietnam, Argentina, Hong Kong, and Austria were some of the countries with the lowest growth in the number of working hours per week during the period.
Standard working hours of countries worldwide are around 40 to 44 hours per week and the additional overtime payments are around 25% to 50% above the normal hourly payments.
The main variables that affect working hours are wage receipts, vacation allowances at the organizational level, job satisfaction, workplace culture and environment, productivity levels, economic and market conditions, social factors, and social insurance at the social level.
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