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Korea Services Employment

Employment in services  SL.SRV.EMPL.ZS

Korea's services employment was 71.51% in 2025, ranked 129th globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1991–2025.

71.51% +0.37% (+0.5%)
Year 2025 Rank #129 Global Peak 71.51% (2025) Source World Bank

Korea Services Employment (1991–2025)

Overview

Korea's services employment stood at 71.51% in 2025, a rise of +0.37% from 2024. Based on recent trends, this figure is projected to reach 71.89% by 2026. Korea ranked 129th globally.

South Korea's services employment rate has experienced a significant increase over the past three and a half decades, with the latest available data showing a rate of 71.51%, placing it 129th globally. This is a notable improvement from the trough of 47.36% in 1991, marking a substantial 52% increase in services employment. Notably, South Korea's services employment rate has surpassed that of peer country Latvia, which currently stands at 71.50%. However, the country still lags behind other peer nations such as the Maldives, where the rate stands at 71.77%. The all-time peak of 71.51%, achieved in 2025, suggests a stabilization of the services employment rate in recent years. To continue driving growth in this sector, South Korea may need to focus on fostering a more favorable business environment and investing in human capital development to address emerging challenges in the labor market.

Data & projection

Year Services Employment YoY change Rank
2028* trend 72.68% - -
2027* trend 72.29% - -
2026* trend 71.89% - -
2025 71.51% +0.37% #129
2024 71.14% +0.46% #128
2023 70.68% +0.57% #128
2022 70.11% +0.06% #130
2021 70.05% +0.07% #131
2020 69.98% −0.30% #131
2019 70.28% +0.48% #133
2018 69.80% −0.11% #130
2017 69.91% −0.05% #133
2016 69.96% +0.50% #135
2015 69.47% +0.45% #134
2014 69.01% +0.19% #133
2013 68.83% −0.06% #134
2012 68.88% +0.45% #137
2011 68.43% +0.38% #137
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.6% GDP growth 5.2% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Korea matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Korea's services employment?▾

Korea's services employment was 71.51% in 2025. Ranked 129th globally. This represents a 0.5% increase from the previous year.

What was the highest services employment in Korea?▾

Korea's services employment peaked at 71.51% in 2025.

What was the lowest services employment in Korea?▾

The lowest services employment in Korea was 47.36% in 1991.

How does Korea rank in services employment?▾

Korea ranks 129th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Korea in 2026?▾

Korea's services employment is projected to reach 71.89% by 2026 based on trend extrapolation.

What is the services employment of Korea in 2025?▾

The services employment of Korea in 2025 was 71.51%. This ranks 129th in the world.

Cite this page

APA
Korea Services Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/korea/services-employment/
BibTeX
@misc{historysaid_korea_services-employment, title = {Korea Services Employment}, url = {https://historysaid.com/korea/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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