South Korea Unemployment Rate

2.8% +0.1 pt

Jul 2026 · Monthly

Unemployment Rate in South Korea rose to 2.8% in Jul 2026 from 2.7% in Jun 2026.

South Korea Unemployment Rate, 1990–2026
ActualPreviousHighestLowestDatesFrequency
2.8%2.7%8.2%Sep 19981.9%Feb 19961990 – 2026Monthly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Population51.7M51.8M51.8M25.0MDec 2025Annual
GDP Growth Rate3.7%3.8%19.8%-7.1%Jun 2026Quarterly

About this series

Unemployment Rate in South Korea averaged 3.4% from 1990 until 2026, reaching an all-time high of 8.2% in Sep 1998 and a record low of 1.9% in Feb 1996. The series is reported monthly with history from 1990.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

South Korea Unemployment Rate FAQ