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South Korea vs Mexico Unemployment

South Korea moved above Mexico in 1998. In 1991 Mexico stood at roughly 131% of Korea, Rep.’s Unemployment; today the figure is about 100%.

YearSouth KoreaMexicoMexico as % of South Korea
19602.41%3.15%131%
19702.41%3.15%131%
19802.41%3.15%131%
19902.41%3.15%131%
20004.06%2.65%65%
20103.32%5.3%160%
20203.93%4.44%113%
20252.68%2.67%100%

Frequently asked questions

When did South Korea move above Mexico in Unemployment?

In 1998. South Korea’s published Unemployment rose above Mexico’s that year.

How do Korea, Rep. and Mexico compare today?

South Korea is ahead: 2.68% against 2.67% — the trailing economy stands at about 100% of the leader.

Are these Unemployment figures nominal or adjusted?

The series is a share expressed in % of total labor force, exactly as the World Bank publishes it; movements are percentage points, not percent.

Full series

Every published year for both economies, with charts, downloads and citations: