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South Korea: Unemployment rate

Percent · 1955–2025 · 71 observations · forecasts to 2031 · unemp

2025
2.79%percent
Change on 2024
−0.0 pointsfrom 2.80%
Average, 2016–2025
3.38%10 years
Record high and low
8.28% (1955)low 2.06% (1996)

Unemployment rate

Report error
2%3%4%5%6%7%8%9%19601970198019902000201020202030South KoreaSouth Korea
ForecastPercent

Compare with other countries →Definition of Unemployment rate

Recent values

Percent

YearValue
20312.80Forecast
20302.80Forecast
20292.80Forecast
20282.80Forecast
20272.90Forecast
20262.66Forecast
20252.79
20242.80
20232.71
20222.88
20213.68
20203.95
20193.78
20183.83
20173.68
20163.68

Sources

  • Asian Historical Statistics1955–2008
  • OECD Economic Outlook1963–2025
  • IMF International Financial Statistics1969–2025
  • IMF World Economic Outlook1980–2025
  • OECD Key Economic Indicators1989–2025
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • World Bank Global Economic Monitor2000–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Compare these sources →

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationGovernment debt (% of GDP)Current account (% of GDP)All 76 series →

Unemployment rate elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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