South Korea Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- South Korea unemployment rate for 2023 was 2.64%, a 0.22% decline from 2022.
- South Korea unemployment rate for 2022 was 2.86%, a 0.78% decline from 2021.
- South Korea unemployment rate for 2021 was 3.64%, a 0.29% decline from 2020.
- South Korea unemployment rate for 2020 was 3.93%, a 0.19% increase from 2019.
South Korea Unemployment Rate - Historical Data |
Year |
Unemployment Rate (%) |
Annual Change |
2023 |
2.64% |
-0.22% |
2022 |
2.86% |
-0.78% |
2021 |
3.64% |
-0.29% |
2020 |
3.93% |
0.19% |
2019 |
3.75% |
-0.08% |
2018 |
3.82% |
0.17% |
2017 |
3.65% |
0.00% |
2016 |
3.65% |
0.10% |
2015 |
3.55% |
0.46% |
2014 |
3.08% |
0.34% |
2013 |
2.75% |
-0.07% |
2012 |
2.81% |
-0.18% |
2011 |
2.99% |
-0.33% |
2010 |
3.32% |
-0.04% |
2009 |
3.36% |
0.40% |
2008 |
2.96% |
-0.05% |
2007 |
3.01% |
-0.24% |
2006 |
3.25% |
-0.23% |
2005 |
3.48% |
0.06% |
2004 |
3.42% |
0.07% |
2003 |
3.35% |
0.30% |
2002 |
3.05% |
-0.65% |
2001 |
3.70% |
-0.36% |
2000 |
4.06% |
-2.28% |
1999 |
6.34% |
-0.62% |
1998 |
6.96% |
4.36% |
1997 |
2.61% |
0.56% |
1996 |
2.05% |
-0.02% |
1995 |
2.06% |
-0.41% |
1994 |
2.48% |
-0.40% |
1993 |
2.88% |
0.37% |
1992 |
2.51% |
0.11% |
1991 |
2.41% |
0.11% |