The total population in South Korea was estimated at 51.7 million people in 2019, according to the latest census figures and projections from Trading Economics. source: The Bank of Korea

Looking back, in the year of 1960, South Korea had a population of 25.0 million people. This page provides - South Korea Population - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Population - values, historical data and charts - was last updated on May of 2021.

Population in South Korea is expected to reach 51.82 Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Population is projected to trend around 51.98 Million in 2022 and 52.10 Million in 2023, according to our econometric models.

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South Korea Population

Actual Previous Highest Lowest Dates Unit Frequency
51.78 51.71 51.78 25.01 1960 - 2020 Million Yearly

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.00 7.10 3.00 percent [+]
Employed Persons 27145.00 27017.00 27508.00 20268.00 Thousand [+]
Unemployed Persons 1095.00 1127.00 1546.00 695.00 Thousand [+]
Labor Force Participation Rate 62.50 61.60 64.20 48.50 percent [+]
Labour Costs 103.80 109.30 129.90 69.00 points [+]
Productivity 119.40 113.50 119.40 53.50 points [+]
Wages 3868678.00 3895894.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4248573.00 4232213.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8720.00 8590.00 8720.00 600.00 KRW/Hour [+]
Population 51.78 51.71 51.78 25.01 Million [+]
Retirement Age Women 62.00 60.00 62.00 55.00 [+]
Retirement Age Men 62.00 60.00 62.00 55.00 [+]
Employment Rate 59.80 58.60 61.70 56.10 percent [+]
Youth Unemployment Rate 10.00 10.00 13.40 3.80 percent [+]


South Korea Population
The population of South Korea represents 0.72 percent of the world´s total population which arguably means that one person in every 140 people on the planet is a resident of South Korea.