Time-related underemployment (ILO modelled estimates) (15+) … square in South Korea
South Korea: Time-related underemployment (ILO modelled estimates) (15+) … square was 0.0075 units per square kilometre in 2023. ◆ Volatile
Time-related underemployment (ILO modelled estimates) (15+), per in South Korea, 2005–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for time-related underemployment (ilo modelled estimates) (15+), per in South Korea is 0.0075 units per square kilometre, measured in 2023.
That represents a change of down 11.1% on the previous year and up 542.5% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), per in South Korea peaked at 0.011 units per square kilometre in 2020 and was at its lowest, 0.0008 units per square kilometre, in 2009.
That places South Korea 26th out of 186 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Time-related underemployment (ILO modelled estimates) (15+) … square in South Korea, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 2005 | 0.0009 units per square kilometre | — |
| 2006 | 0.001 units per square kilometre | +11.6% |
| 2007 | 0.0011 units per square kilometre | +10.8% |
| 2008 | 0.0011 units per square kilometre | -0.6% |
| 2009 | 0.0008 units per square kilometre | -20.3% |
| 2010 | 0.0009 units per square kilometre | +4.1% |
| 2011 | 0.0011 units per square kilometre | +21.3% |
| 2012 | 0.0012 units per square kilometre | +11.7% |
| 2013 | 0.0012 units per square kilometre | -2.5% |
| 2014 | 0.0028 units per square kilometre | +145.0% |
| 2015 | 0.0051 units per square kilometre | +77.7% |
| 2016 | 0.0052 units per square kilometre | +2.2% |
| 2017 | 0.0058 units per square kilometre | +12.0% |
| 2018 | 0.0064 units per square kilometre | +10.0% |
| 2019 | 0.0076 units per square kilometre | +19.5% |
| 2020 | 0.011 units per square kilometre | +44.3% |
| 2021 | 0.0107 units per square kilometre | -2.4% |
| 2022 | 0.0084 units per square kilometre | -21.7% |
| 2023 | 0.0075 units per square kilometre | -11.1% |
South Korea compared with similar countries
- South Korea's 0.0075 units per square kilometre is above the median for high income countries, which is 0.0016 units per square kilometre, 4.6× the median. (62 countries reporting)
- South Korea's 0.0075 units per square kilometre is above the median for East Asia & Pacific, which is 0.0008 units per square kilometre, 9.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Time-related underemployment (ILO modelled estimates) (15+) … square 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 | +145.0% | 0.0012 units per square kilometre | 0.0028 units per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.001 units per square kilometre | 0.0008 units per square kilometre | 0.0011 units per square kilometre | 5 |
| 2010s | 0.0037 units per square kilometre | 0.0009 units per square kilometre | 0.0076 units per square kilometre | 10 |
| 2020s | 0.0094 units per square kilometre | 0.0075 units per square kilometre | 0.011 units per square kilometre | 4 |
Countries ranked near South Korea
- 23 Switzerland 0.0081 units per square kilometre compare
- 24 Puerto Rico 0.008 units per square kilometre compare
- 25 Mauritius 0.0077 units per square kilometre compare
- 27 United States Virgin Islands 0.0073 units per square kilometre compare
- 28 India 0.0071 units per square kilometre compare
- 29 Cape Verde 0.007 units per square kilometre 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+), per in South Korea?
- Time-related underemployment (ilo modelled estimates) (15+), per in South Korea was 0.0075 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest time-related underemployment (ilo modelled estimates) (15+), per recorded in South Korea?
- The highest recorded value was 0.011 units per square kilometre in 2020.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), per recorded in South Korea?
- The lowest recorded value was 0.0008 units per square kilometre in 2009.
- How does South Korea rank for time-related underemployment (ilo modelled estimates) (15+), per?
- South Korea ranks 26th out of 186 countries with data for 2023.
- Is time-related underemployment (ilo modelled estimates) (15+), per rising or falling in South Korea?
- Over the last ten years it is up 542.5%. 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+), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Time-related underemployment (ILO modelled estimates) (15+) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Time-related underemployment (ILO modelled estimates) (15+) ÷ Land area (sq. km)
Computed from
- Time-related underemployment (ILO modelled estimates) International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Time-related underemployment (ILO modelled estimates) (15+) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.