The data from Statistics Korea released on Wednesday showed the population of the South Korean capital has experienced a steady drop over the last eight years since 2009, with 8,991 people moving out of the city compared to the same time last year. (Image: Kobiz Media)
SEOUL, Sept. 28 (Korea Bizwire) – New statistics have revealed that the population in Seoul continues to decrease, though at a slow pace.
The data from Statistics Korea released on Wednesday showed the population of the South Korean capital has experienced a steady drop over the last eight years since 2009, with 8,991 people moving out of the city compared to the same time last year.
However, the overall population movement slowed down this year with 628,000 people moving to different cities, down by 2.1 percent compared to last year.
The figure for population movement has continued its downward trend since March, when the number of people who moved from one city to another dropped 2.1 percent on-year.
Among the 628,000 people who moved this year, over 66 percent were within the same cities and provinces, while just over 33 percent moved from one city or province to another.
The population movement rate, which indicates the number of people who moved for every 100 people, was estimated at 1.23 percent, down slightly by 0.03 percent from 2016.
While cities like Seoul, Daegu and Ulsan experienced population outflow, Gyeonggi Province and Jeju Island experienced population inflow of 10,746 and 2,010 respectively.
“Due to the aging population and improvements in balanced regional development, Korea has seen a decline in the population movement rate,” Statistics Korea said.
M.H.Lee (mhlee@koreabizwire.com)
