South Korea Labor Force Participation Rate 1991-2024
Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
- South Korea labor force participation rate for 2023 was 27.04%, a 1.82% decline from 2022.
- South Korea labor force participation rate for 2022 was 28.86%, a 1.35% increase from 2021.
- South Korea labor force participation rate for 2021 was 27.51%, a 1.3% increase from 2020.
- South Korea labor force participation rate for 2020 was 26.21%, a 1.34% decline from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Participation Rate for Ages 15-24 |
| Iceland | 76.74% |
| Netherlands | 71.41% |
| New Zealand | 68.93% |
| Australia | 67.83% |
| Norway | 65.12% |
| Switzerland | 64.63% |
| Canada | 64.28% |
| Denmark | 63.95% |
| Qatar | 60.64% |
| Austria | 59.29% |
| Sweden | 58.68% |
| United Kingdom | 55.03% |
| Finland | 54.94% |
| Ireland | 54.56% |
| Germany | 54.33% |
| Malta | 54.17% |
| United States | 51.04% |
| Japan | 49.84% |
| Channel Islands | 49.44% |
| Bahamas | 48.41% |
| Israel | 47.61% |
| Panama | 46.01% |
| Uruguay | 45.93% |
| UAE | 45.86% |
| Guam | 45.05% |
| Estonia | 44.08% |
| Cyprus | 43.65% |
| France | 42.76% |
| Barbados | 42.37% |
| Bahrain | 41.18% |
| Macao | 39.78% |
| Brunei | 38.35% |
| French Polynesia | 38.20% |
| Argentina | 37.73% |
| Oman | 36.74% |
| Trinidad and Tobago | 36.58% |
| Slovenia | 36.34% |
| New Caledonia | 35.83% |
| Singapore | 35.61% |
| Portugal | 35.46% |
| Luxembourg | 35.05% |
| Latvia | 34.74% |
| Lithuania | 34.00% |
| Virgin Islands (U.S.) | 33.80% |
| Spain | 32.94% |
| Poland | 32.11% |
| Hong Kong | 31.98% |
| Belgium | 31.45% |
| Hungary | 31.16% |
| Croatia | 30.49% |
| Chile | 29.93% |
| Czech Republic | 28.52% |
| Saudi Arabia | 27.72% |
| Slovak Republic | 27.56% |
| South Korea | 27.04% |
| Italy | 26.39% |
| Greece | 24.85% |
| Kuwait | 24.43% |
| Puerto Rico | 23.02% |
| South Korea Labor Force Participation Rate - Historical Data | ||
|---|---|---|
| Year | Participation Rate for Ages 15-24 | Annual Change |
| 2023 | 27.04% | -1.82% |
| 2022 | 28.86% | 1.35% |
| 2021 | 27.51% | 1.30% |
| 2020 | 26.21% | -1.34% |
| 2019 | 27.55% | 0.29% |
| 2018 | 27.26% | -0.75% |
| 2017 | 28.01% | -0.24% |
| 2016 | 28.25% | 0.15% |
| 2015 | 28.11% | 1.54% |
| 2014 | 26.57% | 1.91% |
| 2013 | 24.66% | 0.20% |
| 2012 | 24.46% | 0.74% |
| 2011 | 23.71% | 0.59% |
| 2010 | 23.13% | 0.13% |
| 2009 | 23.00% | -1.03% |
| 2008 | 24.02% | -2.17% |
| 2007 | 26.19% | -2.39% |
| 2006 | 28.58% | -2.59% |
| 2005 | 31.17% | -1.83% |
| 2004 | 33.00% | 0.51% |
| 2003 | 32.49% | -0.11% |
| 2002 | 32.60% | 0.66% |
| 2001 | 31.94% | 0.97% |
| 2000 | 30.97% | -1.05% |
| 1999 | 32.02% | -0.05% |
| 1998 | 32.07% | -2.60% |
| 1997 | 34.68% | -1.10% |
| 1996 | 35.77% | -0.98% |
| 1995 | 36.75% | -0.28% |
| 1994 | 37.03% | 0.34% |
| 1993 | 36.69% | -0.51% |
| 1992 | 37.19% | 0.12% |
| 1991 | 37.07% | 0.12% |