South Korea Forecast: Employment
1980 - 2024 | Yearly | Person mn | International Monetary Fund
Key information about South Korea Employment Forecast
- South Korea Employment is forecasted to be 28.727 Person mn in Dec 2024 as reported by International Monetary Fund
- It records an increase from the last reported number of 28.274 Person mn in Dec 2023
- Looking ahead, South Korea Employment is projected to stand at 28.727 Person mn in Dec 2024
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Employment
View South Korea's Forecast: Employment from 1980 to 2024 in the chart:
What is South Korea's Forecast: Employment in 2024?
South Korea Employment is forecasted to be 28.727 Person mn in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 28.727 2024 | 28.274 2023 | 13.520 1980 | 28.727 2024 | Person mn | yearly | 1980 - 2024 |
Forecast: Employment by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Andorra (Person mn) | 0.056 2026 | yearly | 2010 - 2026 |
| Andorra (Person mn) | 0.056 2026 | yearly | 2010 - 2026 |
| Australia (Person mn) | 13.897 2024 | yearly | 1980 - 2024 |
| Austria (Person mn) | 4.482 2026 | yearly | 1980 - 2026 |
| Belgium (Person mn) | 5.189 2024 | yearly | 1980 - 2024 |
| Canada (Person mn) | 20.943 2026 | yearly | 1980 - 2026 |
| Croatia (Person mn) | 1.796 2026 | yearly | 1991 - 2026 |
| Cyprus (Person mn) | 0.447 2024 | yearly | 1981 - 2024 |
| Czech Republic (Person mn) | 5.119 2026 | yearly | 1995 - 2026 |
| Denmark (Person mn) | 2.944 2024 | yearly | 1980 - 2024 |
| Estonia (Person mn) | 0.711 2026 | yearly | 1993 - 2026 |
| Finland (Person mn) | 2.625 2026 | yearly | 1980 - 2026 |
| France (Person mn) | 29.069 2026 | yearly | 1980 - 2026 |
| Germany (Person mn) | 42.367 2024 | yearly | 1980 - 2024 |
| Greece (Person mn) | 4.132 2024 | yearly | 1980 - 2024 |
| Guatemala (Person mn) | 0.000 | yearly | - |
| Hong Kong SAR, China (Person mn) | 3.656 2024 | yearly | 1980 - 2024 |
| Iceland (Person mn) | 0.224 2024 | yearly | 1980 - 2024 |
| Ireland (Person mn) | 2.829 2026 | yearly | 1986 - 2026 |
| Israel (Person mn) | 4.411 2024 | yearly | 1980 - 2024 |
| Italy (Person mn) | 24.061 2026 | yearly | 1980 - 2026 |
| Japan (Person mn) | 67.598 2024 | yearly | 1980 - 2024 |
| South Korea (Person mn) | 28.727 2024 | yearly | 1980 - 2024 |
| Latvia (Person mn) | 0.879 2026 | yearly | 1992 - 2026 |
| Lithuania (Person mn) | 1.469 2026 | yearly | 1999 - 2026 |
| Luxembourg (Person mn) | 0.519 2024 | yearly | 1980 - 2024 |
| Macau SAR, China (Person mn) | 0.399 2026 | yearly | 2001 - 2026 |
| North Macedonia (Person mn) | 0.000 | yearly | - |
| Malta (Person mn) | 0.332 2026 | yearly | 1983 - 2026 |
| Netherlands (Person mn) | 9.592 2024 | yearly | 1980 - 2024 |
| New Zealand (Person mn) | 3.004 2026 | yearly | 1980 - 2026 |
| Nicaragua (Person mn) | 0.000 | yearly | - |
| Norway (Person mn) | 2.937 2026 | yearly | 1980 - 2026 |
| Portugal (Person mn) | 5.353 2026 | yearly | 1980 - 2026 |
| Puerto Rico (Person mn) | 1.072 2026 | yearly | 1980 - 2026 |
| San Marino (Person mn) | 0.022 2013 | yearly | 2001 - 2013 |
| Singapore (Person mn) | 3.833 2024 | yearly | 1980 - 2024 |
| Slovakia (Person mn) | 2.414 2026 | yearly | 1993 - 2026 |
| Slovenia (Person mn) | 1.092 2024 | yearly | 1992 - 2024 |
| Spain (Person mn) | 20.671 2024 | yearly | 1980 - 2024 |
| Sweden (Person mn) | 5.183 2024 | yearly | 1980 - 2024 |
| Switzerland (Person mn) | 5.238 2024 | yearly | 1980 - 2024 |
| Taiwan, China (Person mn) | 11.386 2024 | yearly | 1980 - 2024 |
| Thailand (Person mn) | 0.000 | yearly | - |
| United Kingdom (Person mn) | 34.229 2026 | yearly | 1980 - 2026 |
| United States (Person mn) | 159.103 2024 | yearly | 1980 - 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doSouth Korea Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2025 | quarterly | Jun 2000 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -7,001.194 Sep 2025 | monthly | Jul 1999 - Sep 2025 |
| Tax Revenue (USD mn) | 28,881.029 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Tax Revenue: % of GDP (%) | 14.8 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| National Government Debt (USD mn) | 896,321.5 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Government Debt: % of GDP (%) | 47.0 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Forecast: Government Expenditure (KRW bn) | 768,475.754 2030 | yearly | 1995 - 2030 |
| Forecast: Government Net Debt (KRW bn) | 2,010,487.869 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (KRW bn) | 736,053.817 2030 | yearly | 1995 - 2030 |
| Central Govt Debt (KRW bn) | 1,259,002.000 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Central Govt Debt: Foreign (KRW bn) | 26,195.000 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Central Govt Debt: Domestic (KRW bn) | 1,232,808.000 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Central Govt Debt: Medium & Long Term (KRW bn) | 1,258,842.000 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Central Govt Debt: Short-Term (KRW bn) | 0.000 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Public Sector Debt (KRW bn) | 1,738,600.000 2024 | yearly | 2011 - 2024 |
| National Debt (ND) (KRW bn) | 1,126,800.000 2023 | yearly | 1997 - 2023 |
| Central Govt Debt (KRW bn) | 1,160,300.000 Nov 2024 | monthly | Jan 2014 - Nov 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.100 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | 9,740.4 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Exports (USD mn) | 61,033.0 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Exports Growth (%) | 8.4 Nov 2025 | monthly | Jan 1967 - Nov 2025 |
| Aluminum: Exports (USD th) | 4,077,735.241 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,147,102.059 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 7,110,069.105 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 51,292.5 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Imports Growth (%) | 1.1 Nov 2025 | monthly | Jan 1967 - Nov 2025 |
| Imports: Medicament (USD th) | 5,217,206.379 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 4,873,321.475 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 10,354.605 Nov 2025 | monthly | Apr 1964 - Nov 2025 |
| Total Imports from USA (USD mn) | 6,100.561 Nov 2025 | monthly | Apr 1964 - Nov 2025 |
| Total Exports to China (USD mn) | 12,073.512 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Total Imports from China (USD mn) | 11,960.230 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Motor Vehicle: Exports (Unit) | 236,653.000 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Trade Balance: First 10 days (USD mn) | -70.306 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Imports: First 10 days (USD mn) | 20,647.735 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Exports: First 10 days (USD mn) | 20,577.429 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Imports: Middle East: Qatar (USD th) | 627,730.000 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Imports: Natural Gas: Quantity (Ton th) | 4,552.00 Feb 2018 | monthly | Nov 1990 - Feb 2018 |
| Crude Oil: Inventory (Barrel th) | 41,044.000 Jan 2025 | monthly | Jan 2021 - Jan 2025 |
| Export Value Index (2015=100) | 122.334 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 140.915 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 1,876.8 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| Current Account Balance (USD mn) | 7,498.1 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| Current Account Balance: % of GDP (USD mn) | 7,498.1 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| Foreign Direct Investment (USD mn) | 1,801.0 Sep 2025 | monthly | Jan 1980 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 1.2 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | 17,012.200 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 3.5 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 7,864.0 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 9,148.200 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| External Debt (USD mn) | 738,080.9 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| External Debt: % of GDP (%) | 35.9 2024 | yearly | 1994 - 2024 |
| External Debt: Short Term (USD mn) | 161,619.0 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| External Debt: Short Term: % of GDP (%) | 7.8 2024 | yearly | 1994 - 2024 |
| Total Debt: % of GDP (%) | 716.6 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Forecast: Current Account Balance (USD bn) | 85.139 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 1,056,215.500 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| BoP: sa: CA: G&S: Services: Debit (USD mn) | 16,121.600 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: G&S: Services (USD mn) | -3,853.200 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: G&S: Goods (USD mn) | 10,089.300 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Secondary Income (USD mn) | -443.000 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Primary Income (USD mn) | 1,705.000 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: G&S: Services: Credit (USD mn) | 12,268.400 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Secondary Income: Debit (USD mn) | 1,255.600 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Primary Income: Credit (USD mn) | 6,144.100 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Secondary Income: Credit (USD mn) | 812.600 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: G&S: Goods: Imports fob (USD mn) | 49,579.700 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: G&S: Goods: Exports fob (USD mn) | 59,669.000 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: sa: CA: Primary Income: Debit (USD mn) | 4,439.100 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| BoP: CA: G&S: SV: Credit (USD mn) | 8,183.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) | 3,008.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Financial Derivatives (FD) (USD mn) | -484.100 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: FD: Assets (USD mn) | -4,690.900 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: FD: Liabilities (USD mn) | -4,206.800 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: Other Investment (OI) (USD mn) | -2,828.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) | 4,833.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) | 7,661.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Portfolio Investment (PI) (USD mn) | 407.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: SV: Debit (USD mn) | 10,277.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: DI: Direct Investment Assets (USD mn) | 6,294.200 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Goods: Imports fob (USD mn) | 42,392.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Goods: Exports fob (USD mn) | 53,778.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Debit (USD mn) | 1,713.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Services (SV) (USD mn) | -2,093.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Direct Investment (DI) (USD mn) | 6,056.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Credit (USD mn) | 873.600 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) | 3,416.100 May 2018 | monthly | Jan 1980 - May 2018 |
| External Debt: Gross: Long Term (LT) (USD mn) | 523,172.600 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Outward Direct Investment: Total Invested (USD mn) | 4,330.272 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Wholesale and Retail sales (USD mn) | 134.114 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Financing and Insurance (USD mn) | 0.743 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Manufacturing (USD mn) | 1,117.959 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Mining (USD mn) | 326.252 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Real Estate (USD mn) | 725,563.42 Jun 2018 | monthly | Dec 1980 - Jun 2018 |
| Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) | 75.000 Nov 2025 | monthly | Jan 2015 - Nov 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Sep 2025 | quarterly | Jun 2001 - Sep 2025 |
| Household Debt: % of GDP (%) | 92.7 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Non-Performing Loans (USD mn) | 9,283.726 Sep 2025 | quarterly | Jun 2001 - Sep 2025 |
| Money Supply M1 (USD mn) | 945,596.379 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Money Supply M2 (USD mn) | 3,141,822.427 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| M2 Growth (%) | 8.9 Oct 2025 | monthly | Jan 1971 - Oct 2025 |
| Reserve Requirement Ratio (%) | 7.0 Nov 2025 | monthly | Nov 1979 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 405,779.0 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 7.000 Nov 2025 | monthly | Nov 1979 - Nov 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.9 Nov 2025 | monthly | Jan 1971 - Nov 2025 |
| Gold Reserves (USD mn) | 4,794.932 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Total Deposits (USD mn) | 1,916,107.171 Oct 2025 | monthly | Sep 1992 - Oct 2025 |
| Total Deposits Growth (%) | 4.4 Oct 2025 | monthly | Sep 1993 - Oct 2025 |
| Domestic Credit (USD mn) | 3,558,325.6 Oct 2025 | monthly | Dec 2001 - Oct 2025 |
| Domestic Credit Growth (%) | 6.7 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Debt Service Ratio: Households (%) | 11.400 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 19.900 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 1,716.368 Jun 2025 | quarterly | Dec 1962 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 3,835.630 Jun 2025 | quarterly | Dec 1962 - Jun 2025 |
| Household Debt (USD mn) | 1,776,837.2 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Total Loans (USD mn) | 1,740,388.135 Oct 2025 | monthly | Jan 1965 - Oct 2025 |
| Total Loans Growth (%) | 3.87 Oct 2025 | monthly | Jan 1966 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 163.10 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Money Supply: New M1: sa (KRW bn) | 1,350,661.500 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Money Supply: New M2: sa (KRW bn) | 4,487,684.900 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Money Supply: New M2: Certificate of Deposit (KRW bn) | 24,533.00 Mar 2018 | monthly | Jun 1984 - Mar 2018 |
| Deposits: CSB: Households (KRW bn) | 614,344.50 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Deposits: CSB: Corporations (KRW bn) | 396,621.30 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Loans of CSBs: CH: Corporate (KRW bn) | 796,021.70 Mar 2018 | monthly | Dec 2006 - Mar 2018 |
| Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) | 1,525,815.40 Mar 2018 | monthly | Jan 1965 - Mar 2018 |
| Loans of CSBs: CH: Household (KRW tn) | 1,175.600 Nov 2025 | monthly | Dec 2013 - Nov 2025 |
| Loans of CSBs: Corporate and Household (CH) (KRW tn) | 2,547.800 Nov 2025 | monthly | Dec 2013 - Nov 2025 |
| Loans of CSBs: CH: Household: Mortgage (KRW tn) | 935.500 Nov 2025 | monthly | Dec 2013 - Nov 2025 |
| Deposits: Total: YoY (% bn) | 4.400 Oct 2025 | monthly | Sep 1993 - Oct 2025 |
| Deposits: Total: MoM (% bn) | -0.800 Oct 2025 | monthly | Oct 1992 - Oct 2025 |
| Loans of Commercial & Specialized Banks (CSB): YoY (% bn) | 3.900 Oct 2025 | monthly | Jan 1965 - Oct 2025 |
| Loans of Commercial & Specialized Banks (CSB): MoM (% bn) | 0.400 Oct 2025 | monthly | Jan 1965 - Oct 2025 |
| KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) | 12,186.500 Dec 2018 | quarterly | Jun 2001 - Dec 2018 |
More Indicators for South Korea
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