24Peaks / Asia / South Korea / Labor Force Participation Rate

South Korea - Labor Force Participation Rate 64.35

World Bank WDI · updated 2026-10-15 · 187 economies tracked

Latest value

64.35 (2025)

Global rank

#n/a of 187 economies

vs global median

1.0×

Growth since 1990

1.08×

Ranking Race — Labor Force Participation Rate

1 = global #1 · higher value ranks higher

#1#18#35#52#69#86#10319901995200020052010201520202025#106#702024 overtook Democratic Republic of the Congo2025 overtook Brunei
South KoreaQatarMadagascarSolomon IslandsTanzania

Real annual global ranks, 1990 - 2025. South Korea climbed from #106 to #70 (overtook Democratic Republic of the Congo). Gaps in a lane = missing data that year.

Key events for South Korea ↓

Key Events — South Korea

Auto-detected from rank data + curated milestones

1997
IMF crisis curated

Currency crisis forces an IMF bailout and deep restructuring.

1998
Fell 16 places in global rank auto
1999
V-shaped recovery curated

Rapid reform-driven rebound from the Asian crisis.

2009
Global crisis slowdown curated

Export slump hits growth before a fast recovery.

2020
COVID-19 management curated

Economy contracts slightly while exports stay resilient.

2024
Overtook Democratic Republic of the Congo in global rank auto
2025
Overtook Brunei in global rank auto

Labor Force Participation Rate, 1990-2025

World Bank WDI · % of total population ages 15+ · linear scale · ranking in the race above
1990200020102020202559.3861.0862.7764.47
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