Unemployment, total (% of total labor force) (modeled ILO estimate) in South Korea

South Korea: Unemployment, total (% of total labor force) (modeled ILO estimate) was 2.7% in 2025. ▬ Flat

Latest (2025)
2.7%
Change on year
down 3.6%
World rank
159th
of 187 countries
All-time high
7.0%
in 1998
All-time low
2.0%
in 1996
Years of data
35
1991–2025

Unemployment, total (% of total labor force) in South Korea, 1991–2025

2345671991200820251991: 2.41992: 2.51993: 2.91994: 2.51995: 2.11996: 21997: 2.61998: 71999: 6.32000: 4.12001: 3.72002: 32003: 3.32004: 3.42005: 3.52006: 3.32007: 32008: 32009: 3.42010: 3.32011: 32012: 2.82013: 3.12014: 3.12015: 3.52016: 3.62017: 3.72018: 3.82019: 3.72020: 3.92021: 3.62022: 2.92023: 2.72024: 2.82025: 2.7

Source: ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).

Analysis

The most recent figure for unemployment, total (% of total labor force) in South Korea is 2.7%, measured in 2025.

The figure is down 3.6% on the previous year and down 24.3% over ten years.

Over the whole period, unemployment, total (% of total labor force) in South Korea peaked at 7.0% in 1998 and was at its lowest, 2.0%, in 1996.

That places South Korea 159th out of 187 countries with data for 2025, putting it in the bottom quarter.

Unemployment, total (% of total labor force) (modeled ILO estimate) in South Korea, year by year

Annual values for Unemployment, total (% of total labor force) (modeled ILO estimate) in South Korea, 1991 to 2025.
Year Value Change
1991 2.4% —
1992 2.5% +4.4%
1993 2.9% +14.5%
1994 2.5% -14.0%
1995 2.1% -16.7%
1996 2.0% -0.7%
1997 2.6% +27.3%
1998 7.0% +167.0%
1999 6.3% -8.9%
2000 4.1% -35.9%
2001 3.7% -9.0%
2002 3.0% -17.7%
2003 3.3% +9.9%
2004 3.4% +2.2%
2005 3.5% +1.8%
2006 3.3% -6.5%
2007 3.0% -7.4%
2008 3.0% -1.8%
2009 3.4% +13.7%
2010 3.3% -1.2%
2011 3.0% -10.0%
2012 2.8% -6.0%
2013 3.1% +9.1%
2014 3.1% +0.5%
2015 3.5% +15.1%
2016 3.6% +2.9%
2017 3.7% +0.1%
2018 3.8% +4.7%
2019 3.7% -2.0%
2020 3.9% +4.9%
2021 3.6% -7.4%
2022 2.9% -21.5%
2023 2.7% -6.4%
2024 2.8% +4.1%
2025 2.7% -3.6%

South Korea compared with similar countries

  • South Korea's 2.7% is below the median for high income countries, which is 5.0%, 53% of the median. (62 countries reporting)
  • South Korea's 2.7% is below the median for East Asia & Pacific, which is 3.0%, 88% of the median. (29 countries reporting)

Biggest year-on-year movements

Years where Unemployment, total (% of total labor force) (modeled ILO estimate) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +167.0% 2.6% 7.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.4% 2.0% 7.0% 9
2000s 3.4% 3.0% 4.1% 10
2010s 3.4% 2.8% 3.8% 10
2020s 3.1% 2.7% 3.9% 6

Countries ranked near South Korea

  1. 156 Hong Kong 2.8% compare
  2. 157 Uganda 2.7% compare
  3. 158 Senegal 2.7% compare
  4. 160 Guinea-Bissau 2.7% compare
  5. 160 Mexico 2.7% compare
  6. 162 Guatemala 2.6% compare

See the full ranking of 235 places →

More education data for South Korea

All data for South Korea →

Frequently asked questions

What is unemployment, total (% of total labor force) in South Korea?
Unemployment, total (% of total labor force) in South Korea was 2.7% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest unemployment, total (% of total labor force) recorded in South Korea?
The highest recorded value was 7.0% in 1998.
What is the lowest unemployment, total (% of total labor force) recorded in South Korea?
The lowest recorded value was 2.0% in 1996.
How does South Korea rank for unemployment, total (% of total labor force)?
South Korea ranks 159th out of 187 countries with data for 2025.
Is unemployment, total (% of total labor force) rising or falling in South Korea?
Over the last ten years it is down 24.3%. The long-run trend across the full record is flat.
Where does this South Korea data come from?
The figures come from ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO), published as part of Unemployment, total (% of total labor force) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Unemployment, total (% of total labor force) in South Korea. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 24 October 2026, from https://education.statizoid.com/stat/unemployment-total-percent-of-total-labor-force-modeled-ilo-estimate/korea-rep/

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About this data

Indicator
Unemployment, total (% of total labor force) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,211 data points, 1991–2025
Last refreshed

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.