life expectancy Archives | Be Korea-savvy
South Korean’s Healthy Life Expectancy Not Catching up Extended Average Lifespan

South Korean’s Healthy Life Expectancy Not Catching up Extended Average Lifespan

SEOUL, April 15 (Korea Bizwire) – South Koreans’ healthy life expectancy is estimated to be nine years shorter than the country’s average lifespan, data showed Saturday, urging local health authorities to beef up efforts to improve  public health. The country’s average healthy life expectancy, which is defined by the anticipated lifespan of people without any [...]

N. Korean Babies’ Life Expectancy Is 70.5 Years: UNDP Index

N. Korean Babies’ Life Expectancy Is 70.5 Years: UNDP Index

SEOUL, March 24 (Korea Bizwire) – North Korean children born in 2015 are expected to live more than 10 years shorter than their southern counterparts, an annual U.N. report said Thursday. According to the U.N. Development Programme’s report on the 2016 Human Development Index (HDI), the life expectancy of North Korean babies born in that year is estimated at 70.5 years, 11.6 years less than 82.1 years for South Korean babies. The [...]

Increased Life Expectancy Helps Economic Growth in Long Term

Increased Life Expectancy Helps Economic Growth in Long Term

SEJONG, May 12 (Korea Bizwire) – South Korea’s rapidly increased life expectancy has helped boost the country’s economic growth by 0.4 percentage point over the past 15 years as people tend to save more, eventually leading to an increase in spending and capital stocks, a report showed Thursday. South Korea’s life expectancy reached 82.4 years [...]

Younger Koreans Spend Less for Fear of Post-retirement Life

Younger Koreans Spend Less for Fear of Post-retirement Life

SEOUL, May 28 (Korea Bizwire) – A recent survey showed that the stagnation in consumption in the private sector comes from the anxiety over the life after retirement. Because of the longer life expectancy and shortening working period, younger generations are reluctant to spend now in preparation for their future. According to a Korea Development [...]