Time-related underemployment rate (ILO modelled estimates) in Korea, Democratic People's Republic of
Korea, Democratic People's Republic of: Time-related underemployment rate (ILO modelled estimates) was 4.79 in 2027. ▼ Falling
Time-related underemployment rate (ILO modelled estimates) in Korea, Democratic People's Republic of, 2005–2027
Source: International Labour Organization.
Analysis
Korea, Democratic People's Republic of recorded 4.79 for time-related underemployment rate (ilo modelled estimates) in 2027.
That represents a change of up 0.1% on the previous year and down 4.8% over ten years.
Over the whole period, time-related underemployment rate (ilo modelled estimates) in Korea, Democratic People's Republic of peaked at 5.15 in 2020 and was at its lowest, 4.78, in 2023.
Korea, Democratic People's Republic of ranks 90th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Time-related underemployment rate (ILO modelled estimates) in Korea, Democratic People's Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.14 | — |
| 2006 | 5.09 | -1.0% |
| 2007 | 5.05 | -0.7% |
| 2008 | 5.01 | -0.9% |
| 2009 | 5.13 | +2.4% |
| 2010 | 5.04 | -1.7% |
| 2011 | 4.96 | -1.5% |
| 2012 | 4.98 | +0.3% |
| 2013 | 4.95 | -0.5% |
| 2014 | 4.93 | -0.5% |
| 2015 | 4.96 | +0.6% |
| 2016 | 5 | +0.8% |
| 2017 | 5.04 | +0.8% |
| 2018 | 4.91 | -2.5% |
| 2019 | 4.89 | -0.4% |
| 2020 | 5.15 | +5.2% |
| 2021 | 5.08 | -1.4% |
| 2022 | 4.89 | -3.7% |
| 2023 | 4.78 | -2.3% |
| 2024 | 4.78 | +0.1% |
| 2025 | 4.79 | +0.1% |
| 2026 | 4.79 | +0.1% |
| 2027 | 4.79 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.08 | 5.01 | 5.14 | 5 |
| 2010s | 4.97 | 4.89 | 5.04 | 10 |
| 2020s | 4.88 | 4.78 | 5.15 | 8 |
Countries ranked near Korea, Democratic People's Republic of
More work & labour data for Korea, Democratic People's Republic of
- Labour force (ILO modelled estimates) 17,790 (2027)
- Labour force participation rate (ILO modelled estimates) 82.13 (2027)
- Persons outside the labour force (ILO modelled estimates) 3,871 (2027)
- Employment-to-population ratio (ILO modelled estimates) 79.21 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.3313 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.2604 % change on previous year (2027)
- Labor force participation rate for ages 15-24, male (%) 75.2% (2025)
- Labor force participation rate, female (% of female population ages) 87.3% (2025)
- Labor force participation rate for ages 15-24, total (%) 78.5% (2025)
- Labor force participation rate, total (% of total population ages) 89.3% (2025)
Frequently asked questions
- What is time-related underemployment rate (ilo modelled estimates) in Korea, Democratic People's Republic of?
- Time-related underemployment rate (ilo modelled estimates) in Korea, Democratic People's Republic of was 4.79 in 2027, according to International Labour Organization.
- What is the highest time-related underemployment rate (ilo modelled estimates) recorded in Korea, Democratic People's Republic of?
- The highest recorded value was 5.15 in 2020.
- What is the lowest time-related underemployment rate (ilo modelled estimates) recorded in Korea, Democratic People's Republic of?
- The lowest recorded value was 4.78 in 2023.
- How does Korea, Democratic People's Republic of rank for time-related underemployment rate (ilo modelled estimates)?
- Korea, Democratic People's Republic of ranks 90th out of 188 countries with data for 2027.
- Is time-related underemployment rate (ilo modelled estimates) rising or falling in Korea, Democratic People's Republic of?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is falling.
- Where does this Korea, Democratic People's Republic of data come from?
- The figures come from International Labour Organization, published as part of Time-related underemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. The time-related underemployment rate conveys the number of persons in time-related underemployment as a percent of the total number of persons in employment. Persons in time-related underemployment comprise all persons in employment, who satisfy the following three criteria during the reference period: a) are willing to work additional hours; b) are available to work additional hours i.e., are ready, within a specified subsequent period, to work additional hours, given opportunities for additional work; and c) worked less than a threshold relating to working time i.e., persons whose hours actually worked in all jobs during the reference period were below a threshold, to be chosen according to national circumstances. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.