Unemployment Rate in North Korea increased to 2.90 percent in 2024 from 2.80 percent in 2023. Unemployment Rate in North Korea averaged 2.82 percent from 1991 until 2024, reaching an all time high of 3.00 percent in 1999 and a record low of 2.30 percent in 1992. source: World Bank
Unemployment Rate in North Korea is expected to reach 2.90 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea Unemployment Rate is projected to trend around 2.90 percent in 2026 and 2.80 percent in 2027, according to our econometric models.