Ecuador vs Republic of Korea: Unemployment rate

Ecuador
3.1
in 2031
Republic of Korea
2.8
in 2031
Ecuador rank
17th
Republic of Korea rank
18th

Unemployment rate over time

  • Ecuador
  • Republic of Korea
2.557.51012.5198020052031

How they compare

Ecuador currently reports 3.1 against 2.8 in Republic of Korea, a difference of 0.3.

That makes Ecuador's figure about 1.1 times Republic of Korea's.

The two have swapped places 2 times across 44 shared years of data; in 1988 it was Ecuador ahead.

Ecuador ranks 17th and Republic of Korea ranks 18th of 22 countries.

Ecuador has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Ecuador Republic of Korea Difference Ahead
1980s 7.45 2.55 4.9 Ecuador
1990s 8.31 3.31 5.01 Ecuador
2000s 7.55 3.62 3.93 Ecuador
2010s 4.34 3.55 0.793 Ecuador
2020s 3.63 3.01 0.6163 Ecuador
2030s 3.1 2.8 0.3 Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher unemployment rate, Ecuador or Republic of Korea?
Ecuador, at 3.1 against 2.8 in Republic of Korea as of 2031.
What is the difference in unemployment rate between Ecuador and Republic of Korea?
0.3, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Republic of Korea?
44 years are reported by both, from 1988 to 2031.
How do Ecuador and Republic of Korea rank globally for unemployment rate?
Ecuador ranks 17th and Republic of Korea ranks 18th of 22 countries.
Where does this data come from?
International Monetary Fund, published as Unemployment rate (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Republic of Korea: Unemployment rate. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://labour.statizoid.com/compare/unemployment-rate-9-26-2025/ecuador/korea-rep/

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About this data

Indicator
Unemployment rate (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
22 places, 903 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.