The total population in South Korea was estimated at 51.6 million people in 2018, according to the latest census figures. Looking back, in the year of 1960, South Korea had a population of 25.0 million people. source: The Bank of Korea

Population in South Korea is expected to be 52.11 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Population is projected to trend around 52.61 Million in 2020, according to our econometric models.

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South Korea Population

Actual Previous Highest Lowest Dates Unit Frequency
51.61 51.36 51.61 25.01 1960 - 2018 Million Yearly


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.

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.60 7.10 3.00 percent [+]
Employed Persons 27381.00 27264.00 27381.00 20268.00 Thousand [+]
Unemployed Persons 1068.00 1026.00 1546.00 691.00 Thousand [+]
Labor Force Participation Rate 62.90 63.60 64.20 48.50 percent [+]
Labour Costs 111.40 99.20 129.90 69.00 points [+]
Productivity 110.10 108.50 111.50 53.50 points [+]
Wages 3863726.00 3585588.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4199394.00 3804036.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8350.00 7530.00 8350.00 600.00 KRW/Hour [+]
Population 51.61 51.36 51.61 25.01 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Youth Unemployment Rate 7.30 7.10 13.40 3.80 percent [+]
Employment Rate 60.80 61.70 61.70 56.10 percent [+]