South Korea: Male labor force participation

* indicates monthly or quarterly data series
 South Korea

Male labor force participation rate

 Latest value 73.34
 Year 2023
 Measure percent
 Data availability 1991 - 2023
 Average 74.19
 Min - Max 72.63 - 75.96
 Source The World Bank
For that indicator, we provide data for South Korea from 1991 to 2023. The average value for South Korea during that period was 74.19 percent with a minimum of 72.63 percent in 2020 and a maximum of 75.96 percent in 1995. The latest value from 2023 is 73.34 percent. For comparison, the world average in 2023 based on 178 countries is 70.48 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Male labor force participation - Recent values chart

Historical chart
South Korea - Male labor force participation - historical chart - 1991-2023




The male labor force participation rate is the percent of the male population ages 15 and older who are economically active. That includes the employed people as well as the unemployed people.
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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 Related indicators Latest value Reference Measure
 Labor force 29.52 2023 million people
 Unemployment rate 2.86 2022 percent
 Female unemployment 2.68 2023 percent
 Male unemployment 2.64 2023 percent
 Youth unemployment 5.03 2023 percent
 Labor force participation 64.51 2023 percent
 Labor force: percent female 43.48 2023 percent
 Female labor force participation 55.77 2023 percent
 Male labor force participation 73.34 2023 percent
 Self-employment 23.45 2022 percent
 Employment 28.70 9/2023 million employed people
 Unemployment rate 2.30 9/2023 percent
 Labor cost 117.10 Q3/2023 index points
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