South Korea Unemployment Rate 1991-2020

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • South Korea unemployment rate for 2018 was 3.80%, a 0.09% increase from 2017.
  • South Korea unemployment rate for 2017 was 3.70%, a 0% increase from 2016.
  • South Korea unemployment rate for 2016 was 3.70%, a 0.1% increase from 2015.
  • South Korea unemployment rate for 2015 was 3.60%, a 0.1% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Greece 19.21%
Spain 15.49%
New Caledonia 13.62%
French Polynesia 12.02%
Bahamas 11.85%
Puerto Rico 11.44%
Italy 10.21%
Barbados 9.57%
Argentina 9.48%
Brunei 9.22%
France 9.18%
Croatia 8.85%
Virgin Islands (U.S.) 8.41%
Cyprus 8.11%
Uruguay 7.96%
Latvia 7.86%
Finland 7.76%
Channel Islands 7.29%
Chile 7.22%
Portugal 6.86%
Slovak Republic 6.76%
Sweden 6.44%
Belgium 6.32%
Lithuania 6.01%
Canada 5.92%
Saudi Arabia 5.92%
Ireland 5.69%
Guam 5.61%
Slovenia 5.51%
Estonia 5.51%
Luxembourg 5.47%
Australia 5.39%
Denmark 4.98%
Switzerland 4.88%
Austria 4.79%
Malta 4.58%
New Zealand 4.52%
United Kingdom 3.95%
Israel 3.95%
United States 3.93%
Panama 3.92%
Norway 3.92%
Netherlands 3.88%
South Korea 3.80%
Singapore 3.77%
Poland 3.67%
Hungary 3.66%
Germany 3.43%
Oman 3.11%
Iceland 2.92%
Trinidad and Tobago 2.83%
Hong Kong 2.78%
UAE 2.58%
Japan 2.45%
Czech Republic 2.40%
Kuwait 2.08%
Macao 2.02%
Bahrain 0.96%
Qatar 0.14%
South Korea Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2018 3.80% 0.09%
2017 3.70% 0.00%
2016 3.70% 0.10%
2015 3.60% 0.10%
2014 3.50% 0.40%
2013 3.10% -0.10%
2012 3.20% -0.20%
2011 3.40% -0.30%
2010 3.70% 0.10%
2009 3.60% 0.40%
2008 3.20% 0.00%
2007 3.20% -0.30%
2006 3.50% -0.20%
2005 3.70% 0.00%
2004 3.70% 0.10%
2003 3.60% 0.30%
2002 3.30% -0.70%
2001 4.00% -0.40%
2000 4.40% -1.94%
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%