Unemployment rate in South Korea, 2023

Unemployment rate in 2023: Annual value — 2.7083 % of the labour force. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

Unemployment rate in 2023 — neighbouring years chart, Annual value 2.7083 % of the labour force, source International Monetary Fund
Unemployment rate in 2023 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

Unemployment rate in 2023

  • Value: 2.7083 % of the labour force
  • Change vs 2022: −0.175 % of the labour force (−6.07 %)
  • Position in history: below the 47-year average (average — 3.4949 % of the labour force)
  • Series maximum — 6.95 % of the labour force in 1998 (25 years ago)
  • Series minimum — 2.0583 % of the labour force in 1996 (27 years ago)
  • Value date: 1 January 2023
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of the labour force
20173.6833
20183.8333
20193.7833
20203.955
20213.675
20222.8833
20232.7083
20242.8
20252.7917
20262.8

Full history and interactive chart

Complete series for South Korea — on the Unemployment rate page.

Other years

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