Iceland vs Korea, Democratic People's Republic of: Unemployment rate (ILO modelled estimates)
Unemployment rate (ILO modelled estimates) over time
- Iceland
- Korea, Democratic People's Republic of
How they compare
Korea, Democratic People's Republic of currently reports 3.56 against 3.48 in Iceland, a difference of 0.08.
The two have swapped places 8 times across 37 shared years of data; in 1991 it was Korea, Democratic People's Republic of ahead.
Iceland ranks 132nd and Korea, Democratic People's Republic of ranks 129th of 188 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Korea, Democratic People's Republic of in 1.
Head to head by decade
| Decade | Iceland | Korea, Democratic People's Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.91 | 3.16 | 0.7507 | Iceland |
| 2000s | 3.26 | 3.59 | 0.3274 | Korea, Democratic People's Republic of |
| 2010s | 4.68 | 3.5 | 1.18 | Iceland |
| 2020s | 4.13 | 3.55 | 0.5746 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher unemployment rate (ilo modelled estimates), Iceland or Korea, Democratic People's Republic of?
- Korea, Democratic People's Republic of, at 3.56 against 3.48 in Iceland as of 2027.
- What is the difference in unemployment rate (ilo modelled estimates) between Iceland and Korea, Democratic People's Republic of?
- 0.08, with Korea, Democratic People's Republic of ahead.
- How many years of comparable data are there for Iceland and Korea, Democratic People's Republic of?
- 37 years are reported by both, from 1991 to 2027.
- How do Iceland and Korea, Democratic People's Republic of rank globally for unemployment rate (ilo modelled estimates)?
- Iceland ranks 132nd and Korea, Democratic People's Republic of ranks 129th of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Unemployment rate (ILO modelled estimates) (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.