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Korea - Unemployment Rate 1990

Name: Korea Unemployment Rate 1990
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

2.46% −0.13pp from 1989 Global rank: 11th

Korea's unemployment rate was 2.46% in 1990, decreased +0.13pp from 2.58% in 1989. This was the 11th highest globally.

Global Ranking - 1990▾

Unemployment Rate by Country - 1990
Rank	Country	Value	YoY
1st	Switzerland	0.50%	-11.2%
2nd	Luxembourg	1.26%	-10.4%
3rd	Aruba	1.30%	-13.3%
4th	Hong Kong SAR, China	1.33%	23.4%
5th	Singapore	1.78%	0.0%
6th	Cyprus	1.80%	-21.7%
7th	Hungary	2.08%	292.1%
8th	Japan	2.10%	-6.7%
9th	Thailand	2.20%	-
10th	Sweden	2.24%	10.7%
11th	Korea	2.46%	-4.8%
12th	Indonesia	2.59%	-9.4%
13th	Iceland	2.59%	56.5%
14th	Austria	2.72%	16.0%
15th	Mexico	2.74%	-6.3%
16th	Mauritius	2.82%	-21.6%
17th	Bulgaria	2.90%	11,500.0%
18th	Pakistan	3.13%	-0.4%
19th	Finland	3.20%	3.0%
20th	Romania	3.40%	0.0%
21st	Portugal	4.23%	-16.5%
22nd	Honduras	4.27%	-36.0%
23rd	Costa Rica	4.64%	23.0%
24th	Malta	4.80%	3.5%
25th	Malaysia	5.06%	-24.7%
26th	Netherlands	5.11%	-9.9%
27th	Norway	5.23%	6.5%
28th	United States	5.62%	6.8%
29th	Ecuador	6.10%	-22.8%
30th	Germany	6.16%	-9.4%
31st	Poland	6.30%	-
32nd	Belgium	6.56%	-11.0%
33rd	Paraguay	6.60%	8.2%
34th	Colombia	6.64%	-2.3%
35th	Australia	6.94%	13.2%
36th	Greece	7.00%	-6.7%
37th	United Kingdom	7.10%	-1.7%
38th	Denmark	7.17%	5.0%
39th	Argentina	7.60%	-5.0%
40th	Chile	7.75%	-2.9%
41st	New Zealand	7.98%	8.9%
42nd	Türkiye	8.00%	-6.7%
43rd	Egypt, Arab Republic of	8.04%	-
44th	Canada	8.15%	8.6%
45th	Fiji	8.17%	4.9%
46th	Peru	8.30%	5.1%
47th	France	8.40%	-3.4%
48th	Philippines	8.40%	-8.0%
49th	Albania	8.46%	25.8%
50th	Uruguay	8.50%	6.3%
51st	Italy	8.86%	-8.4%
52nd	Israel	9.57%	7.7%
53rd	El Salvador	10.00%	10.2%
54th	Bahamas, The	12.00%	2.6%
55th	Viet Nam	12.33%	-
56th	Iran, Islamic Republic of	14.20%	-
57th	Puerto Rico (US)	14.40%	-1.4%
58th	Barbados	14.95%	-2.0%
59th	Belize	15.00%	-
60th	Nicaragua	15.50%	3.3%
61st	Jamaica	15.70%	3.3%
62nd	São Tomé and Principe	15.88%	5.2%
63rd	Sri Lanka	15.90%	-
64th	Tunisia	16.20%	-
65th	Spain	16.24%	-5.8%
66th	Sudan	16.61%	-3.6%
67th	Panama	16.72%	-11.7%
68th	Jordan	16.80%	63.4%
69th	Ireland	17.20%	-3.9%
70th	South Africa	18.78%	5.4%
71st	Algeria	19.76%	9.2%
72nd	Cabo Verde	25.40%	1.7%

FAQ

What was Korea's unemployment rate in 1990?▾

Korea's unemployment rate in 1990 was 2.46%. This ranked 11th globally.

How did Korea's unemployment rate change in 1990?▾

Korea's unemployment rate decreased by 4.8% in 1990 compared to 1989.

Which country had the highest unemployment rate in 1990?▾

Cabo Verde had the highest unemployment rate in 1990 at 25.40%.

What is the unemployment rate of Korea in 1990?▾

The unemployment rate of Korea in 1990 was 2.46%. This ranked 11th globally.

How does 1990 compare to 1989 for Korea's unemployment rate?▾

Korea's unemployment rate went from 2.58% in 1989 to 2.46% in 1990, a 4.8% decrease.

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