Unemployment Rate in North Korea increased to 2.90 percent in 2024 from 2.80 percent in 2023. This dataset provides - North Korea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment, total (% of total labor force) (modeled ILO estimate) in North Korea was reported at 2.859 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. North Korea - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

North Korea: Unemployment rate: The latest value from 2023 is 3 percent, an increase from 2.96 percent in 2022. In comparison, the world average is 6.99 percent, based on data from 178 countries. Historically, the average for North Korea from 1991 to 2023 is 2.9 percent. The minimum value, 2.39 percent, was reached in 1991 while the maximum of 3.17 percent was recorded in 1999.

In 2024, South Korea's employment rate was **** percent, up from **** percent in the previous year. The rate has been steadily increasing, except for a decline in 2020 due to the economic impact of the COVID-19 outbreak.

Graph and download economic data for Youth Unemployment Rate for the Democratic People's Republic of Korea (SLUEM1524ZSPRK) from 1991 to 2024 about North Korea, 15 to 24 years, unemployment, and rate.

Employment Rate in South Korea increased to 63.80 percent in May from 63.20 percent in April of 2025. This dataset provides - South Korea Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in South Korea remained unchanged at 2.70 percent in May. This dataset provides - South Korea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the employment rate in South Korea was **** percent, slightly up from about **** percent in the previous year. While those aged 30 to 39 had the highest employment rate at around **** percent, the rate was lowest among teenagers and twenty-year-olds.

South Korea Trend Employment Rate: Age 15-74 data was reported at 67.900 % in 2026. This records an increase from the previous number of 67.500 % for 2025. South Korea Trend Employment Rate: Age 15-74 data is updated yearly, averaging 61.191 % from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 67.900 % in 2026 and a record low of 54.689 % in 1985. South Korea Trend Employment Rate: Age 15-74 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Employment and Unemployment: Forecast: OECD Member: Annual.

According to a survey conducted among South Koreans in 2024, over half of the respondents believed that the unemployment situation would deteriorate following unification with North Korea. Only about 23 percent were optimistic that the employment situation would improve.

South Korea Employment Rate Gap data was reported at 0.742 % in 2026. This records an increase from the previous number of 0.715 % for 2025. South Korea Employment Rate Gap data is updated yearly, averaging 0.008 % from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 1.399 % in 1997 and a record low of -2.725 % in 1998. South Korea Employment Rate Gap data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Employment and Unemployment: Forecast: OECD Member: Annual.

Korea Unemployment Rate data was reported at 3.683 % in 2017. This records an increase from the previous number of 3.675 % for 2016. Korea Unemployment Rate data is updated yearly, averaging 3.408 % from Dec 1985 (Median) to 2017, with 33 observations. The data reached an all-time high of 6.842 % in 1998 and a record low of 2.000 % in 1996. Korea Unemployment Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Korea – Table KR.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

North Korea: Unemployment rate forecast: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for North Korea from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Historical dataset showing North Korea unemployment rate by year from 1991 to 2024.

The unemployment rate in South Korea stands at 3.1 percent according to the latest data from . That reading shows a decrease from the level of 3.2 percent in the previous month and an increase from the level of 3 percent in the same month of the previous year. The unemployment rate data in...

Historical dataset showing North Korea youth unemployment rate by year from 1991 to 2024.

The statistic shows the unemployment rate in South Korea from 2020 to 2023, with projections up until 2030. In 2023, the unemployment rate in South Korea was at around 2.71 percent. See the figures for the population of South Korea for comparison. Economy of South Korea South Korea is one of the world’s richest countries as well as a member of the G20, an organization made up of the 20 strongest economies in the world. Due to excessive growth from the 1960s to the 1990s, South Korea established itself as a developed country in the world with a strong economy and high wages. Continued economic growth is attributed to a robust export-oriented economy, which was deemed necessary for the country particularly due to a scarcity in natural resources as well as overpopulation in comparison to available living space. During the global financial crisis, South Korea surprised many economists by maintaining a stable economy and even experiencing economic growth, most notably during the peak of the crisis. Through stimulus packages as well as a high level of consumption, South Korea’s strong export-oriented economy was not affected as negatively as many other developed countries. South Korea’s economy primarily revolves around the production and export of technological goods. Some primary exports of the country include electronics, ships and automobiles. South Korea also has some of the largest shipbuilding companies worldwide, which are highly profitable but also have accumulated a rather large sum of debt over the course of several years.

Key information about South Korea Unemployment Rate

• South Korea Unemployment Rate dropped to 2.70% in Feb 2025, from the previously reported figure of 2.90% in Jan 2025.
• South Korea Unemployment Rate is updated monthly, available from Jun 1999 to Feb 2025, with an average rate of 3.50%.
• The data reached an all-time high of 7.30% in Jun 1999 and a record low of 2.50% in Sep 2024.
• The data is reported by reported by Statistics Korea.
• In the latest reports, South Korea Population reached 51.75 million people in Dec 2024.

South Korea Unemployment Rate: Double Hit Scenario data was reported at 4.364 % in Dec 2021. This records a decrease from the previous number of 4.602 % for Sep 2021. South Korea Unemployment Rate: Double Hit Scenario data is updated quarterly, averaging 3.755 % from Mar 1963 (Median) to Dec 2021, with 236 observations. The data reached an all-time high of 8.236 % in Dec 1998 and a record low of 1.944 % in Mar 1996. South Korea Unemployment Rate: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Employment and Unemployment: Forecast: OECD Member: Quarterly. UNR-Unemployment rate

According to a survey conducted in South Korea in 2024, around 15.8 percent of North Korean refugees in South Korea stated that they were employed in the manufacturing sector. Other common sectors included accommodations and food services, as well as health and welfare services.