South Korea Youth Unemployment Rate 1991-2024
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
- South Korea youth unemployment rate for 2023 was 5.37%, a 1.27% decline from 2022.
- South Korea youth unemployment rate for 2022 was 6.64%, a 1.42% decline from 2021.
- South Korea youth unemployment rate for 2021 was 8.06%, a 2.09% decline from 2020.
- South Korea youth unemployment rate for 2020 was 10.15%, a 0.32% increase from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | % of Total Labor Force Ages 15-24 |
| French Polynesia | 37.31% |
| New Caledonia | 32.57% |
| Spain | 28.70% |
| Greece | 26.57% |
| Uruguay | 26.16% |
| Virgin Islands (U.S.) | 25.55% |
| Barbados | 24.87% |
| Bahamas | 23.57% |
| Italy | 22.73% |
| Chile | 22.05% |
| Sweden | 21.57% |
| Portugal | 20.25% |
| Slovak Republic | 19.41% |
| Croatia | 19.24% |
| Luxembourg | 18.99% |
| Brunei | 18.62% |
| Argentina | 18.00% |
| Cyprus | 17.45% |
| France | 17.13% |
| Estonia | 17.09% |
| Panama | 16.59% |
| Saudi Arabia | 16.25% |
| Belgium | 16.09% |
| Finland | 15.92% |
| Kuwait | 14.99% |
| Lithuania | 13.90% |
| Puerto Rico | 13.65% |
| Channel Islands | 13.47% |
| Guam | 12.88% |
| Hungary | 12.76% |
| United Kingdom | 12.54% |
| Latvia | 12.50% |
| Denmark | 11.66% |
| Poland | 11.58% |
| Norway | 10.95% |
| Austria | 10.93% |
| New Zealand | 10.72% |
| UAE | 10.65% |
| Canada | 10.59% |
| Ireland | 10.54% |
| Hong Kong | 10.45% |
| Trinidad and Tobago | 10.12% |
| Slovenia | 9.91% |
| Malta | 9.34% |
| Iceland | 9.16% |
| Netherlands | 8.94% |
| Australia | 8.57% |
| Singapore | 8.29% |
| Czech Republic | 8.28% |
| Switzerland | 8.00% |
| United States | 7.90% |
| Macao | 6.97% |
| Oman | 6.85% |
| Israel | 6.03% |
| Germany | 5.96% |
| Bahrain | 5.82% |
| South Korea | 5.37% |
| Japan | 4.09% |
| Qatar | 0.60% |
| South Korea Youth Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | % of Total Labor Force Ages 15-24 | Annual Change |
| 2023 | 5.37% | -1.27% |
| 2022 | 6.64% | -1.42% |
| 2021 | 8.06% | -2.09% |
| 2020 | 10.15% | 0.32% |
| 2019 | 9.83% | -0.29% |
| 2018 | 10.12% | 0.33% |
| 2017 | 9.78% | -0.36% |
| 2016 | 10.14% | 0.25% |
| 2015 | 9.90% | 1.30% |
| 2014 | 8.60% | 0.68% |
| 2013 | 7.91% | 0.18% |
| 2012 | 7.74% | -0.56% |
| 2011 | 8.30% | -0.24% |
| 2010 | 8.54% | -0.68% |
| 2009 | 9.22% | 0.57% |
| 2008 | 8.65% | 0.79% |
| 2007 | 7.86% | -1.06% |
| 2006 | 8.92% | -0.40% |
| 2005 | 9.32% | -0.48% |
| 2004 | 9.80% | 0.38% |
| 2003 | 9.42% | 1.52% |
| 2002 | 7.90% | -1.45% |
| 2001 | 9.35% | -0.65% |
| 2000 | 10.00% | -3.89% |
| 1999 | 13.89% | -1.82% |
| 1998 | 15.71% | 8.25% |
| 1997 | 7.46% | 1.46% |
| 1996 | 6.00% | -0.16% |
| 1995 | 6.16% | -0.96% |
| 1994 | 7.11% | -1.66% |
| 1993 | 8.77% | 1.29% |
| 1992 | 7.48% | 0.33% |
| 1991 | 7.15% | 0.33% |