demographic changes Archives

Nearly Half of S. Korean Population to be Aged 65 or Older by 2067

SEJONG, Sept. 2 (Korea Bizwire) — The proportion of people in South Korea aged 65 years or older could increase sharply amid a rapidly aging population, the country’s statistics agency said Monday. Statistics Korea forecast that the country’s population is likely to reach 39 million in 2067, sharply down from 51.7 million in 2019. It [...]

4 out of 10 S. Koreans to be Aged 65 or Older by 2047: Statistics Agency

SEJONG, Jun. 27 (Korea Bizwire) – The number of South Koreans aged 65 years or older could surpass 10 million in 2025 and jump to 18.79 million, or 38.4 percent of the country’s population, in 2047, a statistics agency said Thursday. Statistics Korea’s latest projection represented a dramatic hike from the 7.07 million people aged [...]