Two-stage presidential elections were held in South Korea in February 1981. An electoral college was elected on 11 February, which in turn elected the president on 25 February. They were the last indirect presidential elections controlled by the government of Chun Doo-hwan under the new 1980 constitution. Chun was re-elected with 90% of the electoral college vote.

The Fifth Republic of South Korea was the government of South Korea from March 1981 to December 1987.