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 2019 was 4.15%, a 0.3% increase from 2018.
  • South Korea unemployment rate for 2018 was 3.85%, a 0.15% 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Greece 17.24%
Spain 13.96%
New Caledonia 12.80%
French Polynesia 12.10%
Bahamas 10.36%
Barbados 10.33%
Italy 9.89%
Argentina 9.79%
Brunei 9.12%
Uruguay 8.73%
Virgin Islands (U.S.) 8.66%
France 8.43%
Puerto Rico 8.19%
Channel Islands 7.49%
Cyprus 7.27%
Chile 7.09%
Croatia 6.94%
Finland 6.60%
Latvia 6.52%
Sweden 6.48%
Lithuania 6.35%
Portugal 6.33%
Saudi Arabia 5.93%
Belgium 5.59%
Canada 5.56%
Slovak Republic 5.56%
Luxembourg 5.36%
Guam 5.31%
Australia 5.27%
Estonia 5.12%
Ireland 4.93%
Denmark 4.91%
Austria 4.67%
Switzerland 4.58%
Slovenia 4.20%
South Korea 4.15%
Singapore 4.11%
New Zealand 4.07%
Panama 3.90%
Israel 3.86%
United Kingdom 3.85%
United States 3.68%
Hong Kong 3.63%
Poland 3.47%
Malta 3.47%
Hungary 3.40%
Norway 3.35%
Netherlands 3.20%
Germany 3.04%
Iceland 2.84%
Trinidad and Tobago 2.69%
Oman 2.67%
UAE 2.35%
Japan 2.29%
Macao 2.24%
Kuwait 2.18%
Czech Republic 1.93%
Bahrain 0.71%
Qatar 0.09%
South Korea Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2019 4.15% 0.30%
2018 3.85% 0.15%
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%