Economy, jobs and prices in Ulsan, South Korea: official figures
Gross regional domestic product (GRDP) per person in Ulsan was 85.19 million won in 2024 (preliminary), the highest of 17 and above the national figure of 49.48 million won.
How much is the regional income per person in Ulsan?
Gross regional income per person in Ulsan was 66.75 million won in 2024 (preliminary), 2nd highest of 17 (national: 50.20 million won). This counts income that residents earn, including income earned outside the region, whereas GRDP counts output produced inside it.
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the net regional income per person in Ulsan?
Net regional income per person in Ulsan was 45.90 million won in 2024 (preliminary), 2nd highest of 17 (national: 39.19 million won).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the household disposable income per person in Ulsan?
Gross disposable income of households in Ulsan was 31.12 million won per person in 2024 (preliminary), 2nd highest of 17 (national: 27.82 million won).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the net household disposable income per person in Ulsan?
After allowing for the use of fixed capital, household disposable income in Ulsan was 29.89 million won per person in 2024 (preliminary), 2nd highest of 17 (national: 26.29 million won).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the employment rate in Ulsan?
The employment rate of people aged 15 and over in Ulsan was 61.1% in September 2026, 3rd lowest of 17 (national: 63.5%; a year earlier in Ulsan: 60.1%).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the unemployment rate in Ulsan?
The unemployment rate in Ulsan was 1.8% in September 2026, 8th lowest of 17 (national: 2.0%; September 2025: 1.7%). These are monthly figures that are not seasonally adjusted.
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the labour force participation rate in Ulsan?
62.3% of people aged 15 and over in Ulsan were in the labour force (working or looking for work) in September 2026, 3rd lowest of 17 (national: 64.8%).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyHow many people are employed in Ulsan?
590,000 people were in work in Ulsan in September 2026, against 578,000 in September 2025 (a change of +12,000 people; figures are rounded to the nearest thousand in the survey).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyWhat is the employment rate for working-age people in Ulsan?
The employment rate for people aged 15 to 64 in Ulsan was 68.2% in September 2026, 2nd lowest of 17 (national: 70.6%).
Source: Ministry of Data and Statistics, published on KOSIS · saved copyHow many people are unemployed in Ulsan?
11,000 people in Ulsan were unemployed in September 2026 (looking for work and available to start), compared with 10,000 in September 2025.
Source: Ministry of Data and Statistics, published on KOSIS · saved copyHow Ulsan compares with other metropolitan cities
GRDP per person (million won) (2024 (preliminary))
Ulsan ranks 1 of 17, highest first. Gross regional domestic product per person at current prices, in millions of won.
| Rank | Region | GRDP per person (million won) |
|---|---|---|
| 1 | Ulsan | 85.19 million won |
| 2 | South Chungcheong Province | 67.76 million won |
| 3 | Seoul | 61.22 million won |
| 4 | South Jeolla Province | 59.18 million won |
| 5 | North Chungcheong Province | 56.33 million won |
| 6 | North Gyeongsang Province | 52.30 million won |
| 7 | Gyeonggi Province | 47.00 million won |
Household disposable income per person (million won) (2024 (preliminary))
Ulsan ranks 2 of 17, highest first.
| Rank | Region | Household disposable income per person (million won) |
|---|---|---|
| 1 | Seoul | 32.22 million won |
| 2 | Ulsan | 31.12 million won |
| 3 | Daejeon | 28.75 million won |
| 4 | Sejong | 28.38 million won |
| 5 | Gyeonggi Province | 27.91 million won |
| 6 | Gwangju | 27.78 million won |
| 7 | Incheon | 26.87 million won |
Employment rate, ages 15 and over (September 2026)
Ulsan ranks 15 of 17, highest first. Monthly figure, not seasonally adjusted.
| Rank | Region | Employment rate, ages 15 and over |
|---|---|---|
| 11 | South Gyeongsang Province | 63.5% |
| 12 | Gwangju | 62.8% |
| 13 | Seoul | 62.4% |
| 14 | Daejeon | 62.3% |
| 15 | Ulsan | 61.1% |
| 16 | Busan | 59.4% |
| 17 | Daegu | 59.0% |
Unemployment rate (September 2026)
Ulsan ranks 10 of 17, highest first. Monthly figure, not seasonally adjusted.
| Rank | Region | Unemployment rate |
|---|---|---|
| 7 | South Jeolla Province | 1.9% |
| 8 | North Gyeongsang Province | 1.9% |
| 9 | South Gyeongsang Province | 1.9% |
| 10 | Ulsan | 1.8% |
| 11 | Gangwon State | 1.7% |
| 12 | Busan | 1.5% |
| 13 | North Chungcheong Province | 1.5% |
More on Ulsan: overview · health · education and schools · poverty and living standards · government budget · South Korea
Sources
- Ministry of Data and Statistics, published on KOSIS: Regional Income: per-person GRDP, regional gross income and household disposable income by province, 2024 preliminary (table DT_1C96), read 23 October 2026 · saved copy (SHA-256 5d25f08e5a82…)
- Ministry of Data and Statistics, published on KOSIS: Economically Active Population Survey: economically active population by province, monthly, September 2025 to September 2026 (table DT_1DA7004S), read 23 October 2026 · saved copy (SHA-256 c3f248d42b19…)
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