South Korea: Youth unemployment

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

South Korea: Youth unemployment, ages 15-24, 1991 - 2020:

For that indicator, we provide data for South Korea from 1991 to 2020. The average value for South Korea during that period was 9.04 percent with a minimum of 5.99 percent in 1996 and a maximum of 15.71 percent in 1998. The latest value from 2020 is 10.15 percent. For comparison, the world average in 2020 based on 181 countries is 18.98 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

Longer historical series

We present the rate of youth unemployment for South Korea and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.

Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
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