South Korea: Youth unemployment

* indicates monthly or quarterly data series
 South Korea

Youth unemployment, ages 15-24

 Latest value 7.78
 Reference 2021
 Measure percent
 Source The World Bank

For that indicator, we provide data for South Korea from 1991 to 2021. The average value for South Korea during that period was 9 percent with a minimum of 5.99 percent in 1996 and a maximum of 15.71 percent in 1998. The latest value from 2021 is 7.78 percent. For comparison, the world average in 2021 based on 180 countries is 19.13 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

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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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