Time-related underemployment (ILO modelled estimates) (15+) … annual in South Korea
South Korea: Time-related underemployment (ILO modelled estimates) (15+) … annual was -0.2309 % change on previous year in 2027. ◆ Volatile
Time-related underemployment (ILO modelled estimates) (15+), annual in South Korea, 2006–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for time-related underemployment (ilo modelled estimates) (15+), annual in South Korea is -0.2309 % change on previous year, measured in 2027.
That represents a change of down 470.4% on the previous year and down 101.9% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), annual in South Korea peaked at 145.03 % change on previous year in 2014 and was at its lowest, -21.73 % change on previous year, in 2022.
South Korea ranks 145th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Time-related underemployment (ILO modelled estimates) (15+) … annual in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 11.65 % change on previous year | — |
| 2007 | 10.85 % change on previous year | -6.9% |
| 2008 | -0.5415 % change on previous year | -105.0% |
| 2009 | -20.2 % change on previous year | +3629.9% |
| 2010 | 4.2 % change on previous year | -120.8% |
| 2011 | 21.34 % change on previous year | +407.7% |
| 2012 | 11.83 % change on previous year | -44.5% |
| 2013 | -2.39 % change on previous year | -120.2% |
| 2014 | 145.03 % change on previous year | -6167.6% |
| 2015 | 77.75 % change on previous year | -46.4% |
| 2016 | 2.24 % change on previous year | -97.1% |
| 2017 | 12.07 % change on previous year | +439.0% |
| 2018 | 9.98 % change on previous year | -17.4% |
| 2019 | 19.61 % change on previous year | +96.5% |
| 2020 | 44.32 % change on previous year | +126.0% |
| 2021 | -2.39 % change on previous year | -105.4% |
| 2022 | -21.73 % change on previous year | +808.2% |
| 2023 | -11.08 % change on previous year | -49.0% |
| 2024 | 4.51 % change on previous year | -140.7% |
| 2025 | 0.0438 % change on previous year | -99.0% |
| 2026 | -0.0405 % change on previous year | -192.5% |
| 2027 | -0.2309 % change on previous year | +470.4% |
South Korea compared with similar countries
- South Korea's -0.2309 % change on previous year is below the median for high income countries, which is 0.0812 % change on previous year. (62 countries reporting)
- South Korea's -0.2309 % change on previous year is below the median for East Asia & Pacific, which is 0.4365 % change on previous year. (29 countries reporting)
Biggest year-on-year movements
Years where Time-related underemployment (ILO modelled estimates) (15+) … annual in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +6167.6% | -2.39 % change on previous year | 145.03 % change on previous year |
| 2009 | -3629.9% | -0.5415 % change on previous year | -20.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4385 % change on previous year | -20.2 % change on previous year | 11.65 % change on previous year | 4 |
| 2010s | 30.17 % change on previous year | -2.39 % change on previous year | 145.03 % change on previous year | 10 |
| 2020s | 1.67 % change on previous year | -21.73 % change on previous year | 44.32 % change on previous year | 8 |
Countries ranked near South Korea
- 142 New Caledonia 0.0506 % change on previous year compare
- 143 Netherlands 0.0003 % change on previous year compare
- 144 France -0.1476 % change on previous year compare
- 146 Saint Vincent and the Grenadines -0.2889 % change on previous year compare
- 147 Slovenia -0.2903 % change on previous year compare
- 148 Serbia -0.3081 % change on previous year compare
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 time-related underemployment (ilo modelled estimates) (15+), annual in South Korea?
- Time-related underemployment (ilo modelled estimates) (15+), annual in South Korea was -0.2309 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest time-related underemployment (ilo modelled estimates) (15+), annual recorded in South Korea?
- The highest recorded value was 145.03 % change on previous year in 2014.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), annual recorded in South Korea?
- The lowest recorded value was -21.73 % change on previous year in 2022.
- How does South Korea rank for time-related underemployment (ilo modelled estimates) (15+), annual?
- South Korea ranks 145th out of 188 countries with data for 2027.
- Is time-related underemployment (ilo modelled estimates) (15+), annual rising or falling in South Korea?
- Over the last ten years it is down 101.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Time-related underemployment (ILO modelled estimates) (15+), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Time-related underemployment (ILO modelled estimates) (15+). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Time-related underemployment (ILO modelled estimates) International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Time-related underemployment (ILO modelled estimates) (15+). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.