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.
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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.