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.

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 April of 2020. source: The Bank of Korea

Population in South Korea is expected to reach 51.78 Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Population is projected to trend around 52.36 Million in 2021 and 52.61 Million in 2022, according to our econometric models.

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South Korea Population

Actual Previous Highest Lowest Dates Unit Frequency
51.71 51.61 51.71 25.01 1960 - 2019 Million Yearly

South Korea Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 4.00 7.10 3.00 percent [+]
Employed Persons 27522.00 27503.00 27522.00 20268.00 Thousand [+]
Unemployed Persons 927.00 1143.00 1546.00 690.00 Thousand [+]
Labor Force Participation Rate 62.60 62.60 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 3806684.00 3863726.00 4021244.00 2460239.00 KRW/Month [+]
Wages in Manufacturing 4149388.00 4199394.00 4654149.00 2520139.00 KRW/Month [+]
Minimum Wages 8590.00 8350.00 8590.00 600.00 KRW/Hour [+]
Population 51.71 51.61 51.71 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 9.00 7.50 13.40 3.80 percent [+]
Employment Rate 60.00 60.80 61.70 56.10 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.