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South Korea Labor Force Participation Rate

Indicator Data Period
Labor Force Participation Rate 63.1 % Feb/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 increased to 63.1 % in February 2023. The maximum rate was 64.2 % and minimum was 48.5 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
63.1 Feb/23 15.03.2023
62.6 Jan/23 17.02.2023
63.3 Dec/22 14.01.2023
64.2 Nov/22 17.12.2022
64.3 Oct/22 12.11.2022
64.2 Sep/22 15.10.2022
64.1 Aug/22 17.09.2022
64.8 Jul/22 13.08.2022


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 Feb/23 2.6 % 2.9
Wages 4Q/22 3279.122 USD/Month 3291.729

Labor Force Participation Rate in other countries

Country Updated Actual Previous
Jordan 4Q/22 33.7 % 33
Mongolia 3Q/22 59.2 % 59.3
Palestine 4Q/22 45 % 46
Georgia 2022 52.7 % 53.5
India 2022 47.5 % 47.3
Israel Dec/22 63.6 % 63.2
South Korea Feb/23 63.1 % 62.6
Taiwan Feb/23 59.18 % 59.17
Vietnam 3Q/22 68.7 % 68.5
Armenia 3Q/22 60.9 % 58.8
Hong Kong Feb/23 57.9 % 58.1
Indonesia 2022 69.06 % 68.08
Japan Jan/23 62.2 % 62.3
Macau Feb/23 68.3 % 68.5
Malaysia Jan/23 69.8 % 69.8
Philippines 0Q/23 64.5 % 66.4
Singapore 2021 70.5 % 68.1
Sri Lanka 3Q/22 49 % 50.1
Kuwait 2020 73.36 % 73.49
Saudi Arabia 3Q/22 61.5 % 60.8
North Korea 2019 70.5 % 70.5