Unemployment / South Korea
South Korea Unemployment
South Korea unemployment data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 2.68%.
COUNTRY: South Korea
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:45
GM ECONOMY RATING
South Korea · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
A
76 / 100
Strong stability
Fiscal stability
13.0 / 25
Macroeconomic stability
16.0 / 20
External stability
8.0 / 15
Financial robustness
15.0 / 15
Structural stability
14.0 / 15
Future capacity
10.0 / 10
Demographic capacity
4.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
South Korea · unemployment data as percent of GDP.
Latest
2.68%
Previous
2.78%
Range avg.
3.34%
Rank
90
Countries by unemployment
full rankingGM ECONOMY
Data Navigator
Countries, indicators and comparisons
CountrySouth Korea
IndicatorUnemployment
2.68%2025 · Rank 90
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
South Korea recorded 2.68% for Unemployment in 2025, the latest available observation in this dataset.
Compared with 2024, the indicator decreased by 0.10 percentage points, from 2.78% to 2.68%.
The latest observation is below the average of the last 10 available observations (3.34%).
Across the five latest available observations (2021–2025), the pattern is predominantly downward.
Within the last 10 available observations, the low was 2.68% in 2023 and the high was 3.93% in 2020.
Comparison
Related indicators
Youth UnemploymentSL.UEM.1524.ZS
Employment RateSL.EMP.TOTL.SP.ZS
Labor Force ParticipationSL.TLF.CACT.ZS
Labor Force TotalSL.TLF.TOTL.IN
Vulnerable EmploymentSL.EMP.VULN.ZS