South Korea Youth Unemployment Rate 1991-2023
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
- South Korea youth unemployment rate for 2022 was 6.88%, a 1.18% decline from 2021.
- South Korea youth unemployment rate for 2021 was 8.06%, a 2.09% decline from 2020.
- South Korea youth unemployment rate for 2020 was 10.14%, a 0.3% increase from 2019.
- South Korea youth unemployment rate for 2019 was 9.84%, a 0.26% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | % of Total Labor Force Ages 15-24 |
| New Caledonia | 38.02% |
| French Polynesia | 36.37% |
| Greece | 30.05% |
| Spain | 28.34% |
| Uruguay | 27.58% |
| Virgin Islands (U.S.) | 27.20% |
| Barbados | 24.49% |
| Italy | 23.93% |
| Brunei | 23.89% |
| Bahamas | 23.85% |
| Saudi Arabia | 23.77% |
| Sweden | 20.68% |
| Panama | 20.19% |
| Estonia | 20.15% |
| Slovak Republic | 19.30% |
| Cyprus | 18.69% |
| Argentina | 18.57% |
| Portugal | 17.80% |
| France | 17.75% |
| Croatia | 17.56% |
| Luxembourg | 17.54% |
| Chile | 17.25% |
| Belgium | 16.27% |
| Kuwait | 15.38% |
| Channel Islands | 14.79% |
| Finland | 14.47% |
| Guam | 13.64% |
| Latvia | 13.20% |
| Puerto Rico | 13.11% |
| Hong Kong | 12.96% |
| Trinidad and Tobago | 11.57% |
| Slovenia | 11.09% |
| Lithuania | 11.05% |
| Iceland | 10.73% |
| Hungary | 10.22% |
| Canada | 10.01% |
| United Kingdom | 9.94% |
| Norway | 9.64% |
| Austria | 9.40% |
| UAE | 9.29% |
| New Zealand | 9.23% |
| Ireland | 9.15% |
| Denmark | 8.78% |
| Poland | 8.71% |
| Australia | 8.29% |
| Malta | 8.27% |
| United States | 7.89% |
| Netherlands | 7.79% |
| Oman | 7.47% |
| Switzerland | 7.37% |
| Czech Republic | 7.08% |
| Macao | 7.05% |
| South Korea | 6.88% |
| Bahrain | 6.63% |
| Singapore | 6.12% |
| Israel | 6.03% |
| Germany | 5.75% |
| Japan | 4.23% |
| Qatar | 0.30% |
| South Korea Youth Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | % of Total Labor Force Ages 15-24 | Annual Change |
| 2022 | 6.88% | -1.18% |
| 2021 | 8.06% | -2.09% |
| 2020 | 10.14% | 0.30% |
| 2019 | 9.84% | -0.26% |
| 2018 | 10.10% | 0.33% |
| 2017 | 9.77% | -0.38% |
| 2016 | 10.16% | 0.24% |
| 2015 | 9.91% | 1.33% |
| 2014 | 8.58% | 0.66% |
| 2013 | 7.92% | 0.19% |
| 2012 | 7.73% | -0.57% |
| 2011 | 8.30% | -0.23% |
| 2010 | 8.53% | -0.69% |
| 2009 | 9.22% | 0.56% |
| 2008 | 8.65% | 0.81% |
| 2007 | 7.84% | -1.07% |
| 2006 | 8.91% | -0.41% |
| 2005 | 9.33% | -0.48% |
| 2004 | 9.80% | 0.37% |
| 2003 | 9.43% | 1.52% |
| 2002 | 7.92% | -1.44% |
| 2001 | 9.36% | -0.64% |
| 2000 | 10.00% | -3.89% |
| 1999 | 13.88% | -1.82% |
| 1998 | 15.71% | 8.25% |
| 1997 | 7.46% | 1.46% |
| 1996 | 6.00% | -0.15% |
| 1995 | 6.15% | -0.96% |
| 1994 | 7.11% | -1.66% |
| 1993 | 8.77% | 1.31% |
| 1992 | 7.46% | 0.31% |
| 1991 | 7.15% | 0.31% |
