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Korea - Unemployment Rate 1987

Name: Korea Unemployment Rate 1987
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

3.11% −0.73pp from 1986 Global rank: 11th

Korea's unemployment rate was 3.11% in 1987, decreased +0.73pp from 3.84% in 1986. This was the 11th highest globally.

Global Ranking - 1987▾

Unemployment Rate by Country - 1987
Rank	Country	Value	YoY
1st	Hungary	0.32%	48.6%
2nd	Iceland	0.44%	-32.8%
3rd	Switzerland	0.80%	-4.1%
4th	Luxembourg	1.67%	14.5%
5th	Hong Kong SAR, China	1.74%	-38.4%
6th	Norway	2.08%	6.2%
7th	Indonesia	2.64%	-4.0%
8th	Japan	2.85%	3.0%
9th	Sweden	2.87%	-20.5%
10th	Pakistan	3.07%	-6.9%
11th	Korea	3.11%	-19.1%
12th	Cyprus	3.40%	-8.1%
13th	Romania	3.70%	-5.1%
14th	Austria	3.80%	22.6%
15th	Mexico	3.88%	-9.7%
16th	Singapore	3.90%	93.8%
17th	New Zealand	4.23%	0.6%
18th	Peru	4.80%	-9.4%
19th	Finland	4.90%	-26.5%
20th	Denmark	5.00%	0.3%
21st	Albania	5.16%	-4.9%
22nd	Paraguay	5.50%	-9.8%
23rd	Costa Rica	5.58%	-10.5%
24th	Mauritius	5.96%	-45.5%
25th	Argentina	6.00%	-4.8%
26th	Israel	6.06%	-14.4%
27th	United States	6.18%	-11.8%
28th	Netherlands	6.34%	-2.8%
29th	Honduras	7.09%	6.4%
30th	Portugal	7.13%	-17.2%
31st	Colombia	7.36%	-3.8%
32nd	Greece	7.40%	0.0%
33rd	Germany	7.84%	0.1%
34th	Australia	8.11%	-0.1%
35th	Türkiye	8.13%	5.4%
36th	Malta	8.20%	-25.5%
37th	Malaysia	8.21%	-0.7%
38th	Jordan	8.39%	4.4%
39th	Canada	8.80%	-8.4%
40th	Uruguay	9.10%	-9.9%
41st	France	9.15%	3.1%
42nd	Italy	9.62%	8.5%
43rd	Belgium	9.81%	-2.4%
44th	United Kingdom	10.43%	-7.9%
45th	Chile	10.98%	-10.7%
46th	Philippines	11.06%	-5.3%
47th	Bahamas, The	11.50%	-5.7%
48th	Fiji	11.91%	24.7%
49th	São Tomé and Principe	13.62%	0.0%
50th	Nicaragua	14.00%	6.9%
51st	Panama	14.10%	12.8%
52nd	Aruba	14.50%	-26.0%
53rd	South Africa	16.59%	3.4%
54th	Puerto Rico (US)	16.80%	-11.1%
55th	Barbados	17.93%	1.1%
56th	Sudan	18.53%	-3.6%
57th	Ireland	18.80%	3.9%
58th	Algeria	20.06%	9.3%
59th	Spain	20.22%	-3.3%
60th	Jamaica	20.97%	-11.4%
61st	Cabo Verde	24.16%	1.7%

FAQ

What was Korea's unemployment rate in 1987?▾

Korea's unemployment rate in 1987 was 3.11%. This ranked 11th globally.

How did Korea's unemployment rate change in 1987?▾

Korea's unemployment rate decreased by 19.1% in 1987 compared to 1986.

Which country had the highest unemployment rate in 1987?▾

Cabo Verde had the highest unemployment rate in 1987 at 24.16%.

What is the unemployment rate of Korea in 1987?▾

The unemployment rate of Korea in 1987 was 3.11%. This ranked 11th globally.

How does 1987 compare to 1986 for Korea's unemployment rate?▾

Korea's unemployment rate went from 3.84% in 1986 to 3.11% in 1987, a 19.1% decrease.

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