🇰🇷
South Korea Unemployment
2.8%as of 2024
South Korea's unemployment stands at 2.8% as of 2024. The indicator has increased from null% in 2014 to 2.8% in 2024. Source: ILO / World Bank WDI.
Historical trend (2014–2024)
Unemployment — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 3.5% | — |
| 2016 | 3.7% | +0.2pp |
| 2017 | 3.7% | 0.0pp |
| 2018 | 3.8% | +0.1pp |
| 2019 | 3.7% | -0.1pp |
| 2020 | 3.9% | +0.2pp |
| 2021 | 3.6% | -0.3pp |
| 2022 | 2.9% | -0.7pp |
| 2023 | 2.7% | -0.2pp |
| 2024 | 2.8% | +0.1pp |
Source: ILO / World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.