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Labour cost |
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Measures hourly wage cost (index) in major agglomerations (see
Method & data) |
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Rank |
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Index, hourly wage
cost (South Korea = 100.0) |
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 |
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1 |
Indonesia |
 |
14.0 |
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2 |
Philippines |
 |
17.2 |
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3 |
India |
 |
18.7 |
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4 |
Thailand |
 |
20.2 |
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5 |
Mexico |
 |
23.2 |
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6 |
China |
 |
29.2 |
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7 |
Romania |
 |
33.8 |
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8 |
Argentina |
 |
35.9 |
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9 |
Malaysia |
 |
38.3 |
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10 |
Slovakia |
 |
50.8 |
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11 |
Russia |
 |
53.3 |
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12 |
Hungary |
 |
54.8 |
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13 |
Poland |
 |
56.1 |
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14 |
Hong Kong |
 |
59.8 |
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15 |
Turkey |
 |
64.9 |
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16 |
Brazil |
 |
65.8 |
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17 |
Czech Rep |
 |
70.5 |
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18 |
South Africa |
 |
74.6 |
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19 |
Taiwan |
 |
76.3 |
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20 |
Singapore |
 |
80.4 |
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21 |
Slovenia |
 |
86.2 |
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22 |
South Korea |
 |
100.0 |
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Updated: March 2008 (data unavailable for
Israel, Pakistan and Saudi Arabia) |
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