Own-account workers, total (% of total employment) in South Korea
South Korea: Own-account workers, total (% of total employment) was 20.0% in 2016. ▼ Falling
Own-account workers, total in South Korea, 1991–2016
Source: World Bank. Measured in % of total employment.
Analysis
South Korea recorded 20.0% for own-account workers, total in 2016. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 1.2% on the previous year and down 21.2% over ten years.
Over the whole period, own-account workers, total in South Korea peaked at 27.2% in 1998 and was at its lowest, 20.0%, in 2016.
South Korea ranks 110th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Own-account workers, total (% of total employment) in South Korea, year by year
| Year | % of total employment | Change |
|---|---|---|
| 1991 | 25.9% | — |
| 1992 | 26.4% | +2.0% |
| 1993 | 26.5% | +0.4% |
| 1994 | 26.2% | -1.1% |
| 1995 | 26.3% | +0.4% |
| 1996 | 26.4% | +0.4% |
| 1997 | 26.8% | +1.5% |
| 1998 | 27.2% | +1.5% |
| 1999 | 27.2% | -0.3% |
| 2000 | 26.7% | -1.6% |
| 2001 | 27.1% | +1.3% |
| 2002 | 26.9% | -0.5% |
| 2003 | 26.3% | -2.4% |
| 2004 | 26.0% | -1.2% |
| 2005 | 25.9% | -0.3% |
| 2006 | 25.4% | -1.9% |
| 2007 | 24.7% | -2.7% |
| 2008 | 24.2% | -1.9% |
| 2009 | 23.2% | -4.2% |
| 2010 | 22.3% | -3.9% |
| 2011 | 21.9% | -1.9% |
| 2012 | 22.0% | +0.4% |
| 2013 | 21.3% | -2.8% |
| 2014 | 20.9% | -2.1% |
| 2015 | 20.3% | -3.0% |
| 2016 | 20.0% | -1.2% |
South Korea compared with similar countries
- South Korea's 20.0% is above the median for high income countries, which is 9.3%, 2.2× the median. (62 countries reporting)
- South Korea's 20.0% is below the median for East Asia & Pacific, which is 27.0%, 74% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.6% | 25.9% | 27.2% | 9 |
| 2000s | 25.6% | 23.2% | 27.1% | 10 |
| 2010s | 21.2% | 20.0% | 22.3% | 7 |
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 own-account workers, total in South Korea?
- Own-account workers, total in South Korea was 20.0% in 2016, according to the World Bank.
- What is the highest own-account workers, total recorded in South Korea?
- The highest recorded value was 27.2% in 1998.
- What is the lowest own-account workers, total recorded in South Korea?
- The lowest recorded value was 20.0% in 2016.
- How does South Korea rank for own-account workers, total?
- South Korea ranks 110th out of 187 countries with data for 2016.
- Is own-account workers, total rising or falling in South Korea?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Own-account workers, total (% of total employment). Statizoid updates them automatically from the source API.
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