South Korea: Labor force participation

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

South Korea: Labor force participation rate

: For that indicator, we provide data for South Korea from 1990 to 2019. The average value for South Korea during that period was 61.56 percent with a minimum of 60.01 percent in 1990 and a maximum of 63.07 percent in 2017. The latest value from 2019 is 62.97 percent. For comparison, the world average in 2019 based on 182 countries is 62.40 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The labor force participation rate is the percent of the population ages 15 and older that is economically active. That includes the employed and the unemployed individuals.

Definition: Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.
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