LU2: Combined rate of time-related underemployment and unemployment in South Korea
South Korea: LU2: Combined rate of time-related underemployment and unemployment was 5.28 in 2025. ▲ Rising
LU2: Combined rate of time-related underemployment and unemployment in South Korea, 2012–2025
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in South Korea is 5.28, measured in 2025.
The figure is down 1.1% on the previous year and down 1.1% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in South Korea peaked at 7.71 in 2020 and was at its lowest, 3.26, in 2012.
South Korea ranks 76th of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 3.26 | — |
| 2013 | 3.5 | +7.2% |
| 2014 | 4.11 | +17.4% |
| 2015 | 5.34 | +29.9% |
| 2016 | 5.46 | +2.3% |
| 2017 | 5.66 | +3.6% |
| 2018 | 6.02 | +6.4% |
| 2019 | 6.34 | +5.4% |
| 2020 | 7.71 | +21.5% |
| 2021 | 7.29 | -5.3% |
| 2022 | 5.65 | -22.5% |
| 2023 | 5.13 | -9.2% |
| 2024 | 5.33 | +3.9% |
| 2025 | 5.28 | -1.1% |
South Korea compared with similar countries
- South Korea's 5.28 is below the median for high income countries, which is 8.92, 59% of the median. (45 countries reporting)
- South Korea's 5.28 is above the median for East Asia & Pacific, which is 5.19, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.96 | 3.26 | 6.34 | 8 |
| 2020s | 6.07 | 5.13 | 7.71 | 6 |
Countries ranked near South Korea
More work & labour data for South Korea
- Persons outside the labour force (ILO modelled estimates) 16,840 (2027)
- Labour force participation rate (ILO modelled estimates) 63.91 (2027)
- Labour force (ILO modelled estimates) 29,824 (2027)
- Unemployment rate (ILO modelled estimates) 2.96 (2027)
- Labour dependency ratio 0.78 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 97,052 (2027)
- Output per worker, GDP constant 2015 US $ 65,686 (2027)
- Employment-to-population ratio (ILO modelled estimates) 62.02 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9719 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.1065 % change on previous year (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in South Korea?
- Lu2: combined rate of time-related underemployment and unemployment in South Korea was 5.28 in 2025, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in South Korea?
- The highest recorded value was 7.71 in 2020.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in South Korea?
- The lowest recorded value was 3.26 in 2012.
- How does South Korea rank for lu2: combined rate of time-related underemployment and unemployment?
- South Korea ranks 76th out of 90 countries with data for 2025.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in South Korea?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.