South Korea vs Singapore: Unemployment rate
South Korea
2.8
in 2031
Singapore
2.1
in 2031
South Korea rank
18th
Singapore rank
21st
Unemployment rate over time
- South Korea
- Singapore
How they compare
South Korea currently reports 2.8 against 2.1 in Singapore, a difference of 0.7.
That makes South Korea's figure about 1.3 times Singapore's.
The two have swapped places 5 times across 52 shared years of data; in 1980 it was Singapore ahead.
South Korea ranks 18th and Singapore ranks 21st of 22 countries.
Across the 6 decades both report, South Korea averaged higher in 5 and Singapore in 1.
Head to head by decade
| Decade | South Korea | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.79 | 4.45 | 0.6609 | Singapore |
| 1990s | 3.31 | 1.89 | 1.42 | South Korea |
| 2000s | 3.62 | 2.93 | 0.6858 | South Korea |
| 2010s | 3.55 | 2.05 | 1.5 | South Korea |
| 2020s | 3.01 | 2.17 | 0.8363 | South Korea |
| 2030s | 2.8 | 2.1 | 0.7 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher unemployment rate, South Korea or Singapore?
- South Korea, at 2.8 against 2.1 in Singapore as of 2031.
- What is the difference in unemployment rate between South Korea and Singapore?
- 0.7, with South Korea ahead.
- How many years of comparable data are there for South Korea and Singapore?
- 52 years are reported by both, from 1980 to 2031.
- How do South Korea and Singapore rank globally for unemployment rate?
- South Korea ranks 18th and Singapore ranks 21st 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.
Individual pages
About this data
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.