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South Korea Labor Force Participation Rate

Indicator Data Period
Labor Force Participation Rate 64.4 % Aug/23


Latest data on Labor Force Participation Rate (%)

Labor Force Participation Rate
                     South Korea - Historical Data (%)

What is South Korea Labor Force Participation Rate?

  • Labor Force Participation Rate in South Korea decreased to 64.4 % in August 2023. The maximum rate was 64.2 % and minimum was 48.5 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
64.4 Aug/23 13.09.2023
65 Jul/23 12.08.2023
65.3 Jun/23 14.07.2023
65.3 May/23 17.06.2023
64.4 Apr/23 13.05.2023
64.1 Mar/23 12.04.2023
63.1 Feb/23 15.03.2023
62.6 Jan/23 17.02.2023


Historical Chart by presidents (%)

Labor Force Participation Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in South Korea

Index Updated Actual Previous
Retirement Age Men 2022 60 60
Unemployment Rate Aug/23 2.4 % 2.8
Wages 2Q/23 3015.471 USD/Month 3419.512

Labor Force Participation Rate in other countries

Country Updated Actual Previous
Jordan 2Q/23 33 % 33.3
Mongolia 2Q/23 57.9 % 56.5
Palestine 2Q/23 44.8 % 45.1
Georgia 2023 53.2 % 52
India 2023 48.5 % 48.2
Israel Aug/23 63.6 % 63.6
South Korea Aug/23 64.4 % 65
Taiwan Aug/23 59.21 % 59.23
Vietnam 2Q/23 68.9 % 68.9
Armenia 2Q/23 61 % 59
Hong Kong Aug/23 57.7 % 57.6
Indonesia 2023 69.3 % 68.63
Japan Aug/23 63.1 % 63.1
Macau Aug/23 67.9 % 67.6
Malaysia Aug/23 70.1 % 70.1
Philippines 2Q/23 64.7 % 60.1
Singapore 2022 70 % 70.5
Sri Lanka 2Q/23 48.6 % 49.9
Kuwait 2022 71.5 % 70.37
Saudi Arabia 2Q/23 60.8 % 61.7
North Korea 2019 70.5 % 70.5