South Korea: Unemployment rate

* indicates monthly or quarterly data series
 South Korea

Unemployment rate, percent

 Latest value 3
 Reference December 2022
 Measure percent
 Source Korean Statistical Information Service

For that indicator, we provide data for South Korea from June 1999 to December 2022. The average value for South Korea during that period was 3.63 percent with a minimum of 2.1 percent in August 2022 and a maximum of 6.7 percent in June 1999. Click on the following link to see the values of Unemployment rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series


Recent values


Economic outlook around the world

Longer historical series
Measure: percent
Source: Korean Statistical Information Service



Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
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