Labor market, Overall in Korea
Korea: Labor market, Overall was 0.6608 in 2014. βΌ Falling
Labor market, Overall in Korea, 1973β2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, overall in Korea is 0.6608, measured in 2014.
That represents a change of down 6.2% over ten years.
Over the whole period, labor market, overall in Korea peaked at 0.9112 in 1973 and was at its lowest, 0.6597, in 2008.
Korea ranks 53rd of 90 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9112 | 0.9112 | 0.9112 | 7 |
| 1980s | 0.9112 | 0.9112 | 0.9112 | 10 |
| 1990s | 0.8576 | 0.7045 | 0.9112 | 10 |
| 2000s | 0.6955 | 0.6597 | 0.7045 | 10 |
| 2010s | 0.6606 | 0.6597 | 0.6608 | 5 |
Countries ranked near Korea
More work & labour data for Korea
- Labour force participation rate (ILO modelled estimates) 63.91 (2027)
- Labour force (ILO modelled estimates) 29,824 (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 64.4% (2025)
- Labor force participation rate, male (% of male population ages 15+) 72.0% (2025)
- Ratio of female to male labor force participation rate (%) 78.9% (2025)
- Labor force participation rate, female (% of female population ages) 56.8% (2025)
- Labor force participation rate, total (% of total population ages) 71.2% (2025)
Frequently asked questions
- What is labor market, overall in Korea?
- Labor market, overall in Korea was 0.6608 in 2014, according to International Monetary Fund.
- What is the highest labor market, overall recorded in Korea?
- The highest recorded value was 0.9112 in 1973.
- What is the lowest labor market, overall recorded in Korea?
- The lowest recorded value was 0.6597 in 2008.
- How does Korea rank for labor market, overall?
- Korea ranks 53rd out of 90 countries with data for 2014.
- Is labor market, overall rising or falling in Korea?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.