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Korea Highest Unemployment Rate

6.96% in 1998
Unemployment as % of total labor force · World Bank

The highest unemployment rate in Korea was 6.96% in 1998. The top 5 years were: 1998 (6.96%), 1999 (6.34%), 1980 (5.20%), 1981 (4.50%), 1982 (4.13%).

Top 5 Highest Years
Korea Top 5 Highest Unemployment Rate Years
RankYearValue
1st 1998 6.96%
2nd 1999 6.34%
3rd 1980 5.20%
4th 1981 4.50%
5th 1982 4.13%
All Data (sorted by value)
YearValueChangeRank
1999 6.34% −0.61pp 87th
1998 6.96% +4.35pp 90th
1980 5.20% 19th
2020 3.93% +0.15pp 43rd
2019 3.75% −0.09pp 60th
2018 3.82% +0.14pp 55th
2001 3.70% −0.73pp 45th
2000 4.06% −2.52pp 52nd
1986 3.84% −0.18pp 14th
1985 4.03% +0.18pp 15th
1984 3.85% −0.27pp 11th
1983 4.12% −0.01pp 11th
1982 4.13% −0.37pp 11th
1981 4.50% −0.70pp 14th
2025 2.68% −0.12pp 29th
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