Labor market, S1 - Valid grounds in Republic of Korea
Republic of Korea: Labor market, S1 - Valid grounds was 0.7047 in 2014. βΌ Falling
Labor market, S1 - Valid grounds in Republic of Korea, 1973β2014
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 0.7047 for labor market, s1 - valid grounds in 2014. That is the lowest value across all 42 years on record.
The figure is unchanged over ten years.
Over the whole period, labor market, s1 - valid grounds in Republic of Korea peaked at 0.8591 in 1973 and was at its lowest, 0.7047, in 1998.
Republic of 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 | 0.8591 | 0.8591 | 0.8591 | 7 |
| 1980s | 0.8591 | 0.8591 | 0.8591 | 10 |
| 1990s | 0.8195 | 0.7047 | 0.8591 | 10 |
| 2000s | 0.7047 | 0.7047 | 0.7047 | 10 |
| 2010s | 0.7047 | 0.7047 | 0.7047 | 5 |
Countries ranked near Republic of Korea
More work & labour data for Republic of 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, s1 - valid grounds in Republic of Korea?
- Labor market, s1 - valid grounds in Republic of Korea was 0.7047 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - valid grounds recorded in Republic of Korea?
- The highest recorded value was 0.8591 in 1973.
- What is the lowest labor market, s1 - valid grounds recorded in Republic of Korea?
- The lowest recorded value was 0.7047 in 1998.
- How does Republic of Korea rank for labor market, s1 - valid grounds?
- Republic of Korea ranks 53rd out of 90 countries with data for 2014.
- Is labor market, s1 - valid grounds rising or falling in Republic of Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of Labor market, S1 - Valid grounds. 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.