South Korea Labor Force Participation Rate 1991-2024
Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
- South Korea labor force participation rate for 2023 was 27.04%, a 1.82% decline from 2022.
- South Korea labor force participation rate for 2022 was 28.86%, a 1.35% increase from 2021.
- South Korea labor force participation rate for 2021 was 27.51%, a 1.3% increase from 2020.
- South Korea labor force participation rate for 2020 was 26.21%, a 1.34% decline from 2019.
South Korea Labor Force Participation Rate - Historical Data |
Year |
Participation Rate for Ages 15-24 |
Annual Change |
2023 |
27.04% |
-1.82% |
2022 |
28.86% |
1.35% |
2021 |
27.51% |
1.30% |
2020 |
26.21% |
-1.34% |
2019 |
27.55% |
0.29% |
2018 |
27.26% |
-0.75% |
2017 |
28.01% |
-0.24% |
2016 |
28.25% |
0.15% |
2015 |
28.11% |
1.54% |
2014 |
26.57% |
1.91% |
2013 |
24.66% |
0.20% |
2012 |
24.46% |
0.74% |
2011 |
23.71% |
0.59% |
2010 |
23.13% |
0.13% |
2009 |
23.00% |
-1.03% |
2008 |
24.02% |
-2.17% |
2007 |
26.19% |
-2.39% |
2006 |
28.58% |
-2.59% |
2005 |
31.17% |
-1.83% |
2004 |
33.00% |
0.51% |
2003 |
32.49% |
-0.11% |
2002 |
32.60% |
0.66% |
2001 |
31.94% |
0.97% |
2000 |
30.97% |
-1.05% |
1999 |
32.02% |
-0.05% |
1998 |
32.07% |
-2.60% |
1997 |
34.68% |
-1.10% |
1996 |
35.77% |
-0.98% |
1995 |
36.75% |
-0.28% |
1994 |
37.03% |
0.34% |
1993 |
36.69% |
-0.51% |
1992 |
37.19% |
0.12% |
1991 |
37.07% |
0.12% |