National Statistical Office Archives | Page 2 of 2

Consumer Market Dynamics Changed by “Solo” Economy

SEOUL, Korea, Mar 31, 2014 (Korea Bizwire) — According to the National Statistical Office, single-person households accounted for only 9.0 percent of the whole population in 1990. In 1995, the ratio first surpassed a double–digit level, and it ultimately grew to 25.3 percent, last year. In other words, one in every four household is now [...]

No Money to Spend and None to Save

SEOUL, Korea, Mar 20 (Korea Bizwire) – Among Korean households, there is an increasing number of those who are suffering from the lack of money to spend, not to mention for money to save. The economic burden to the households is not limited to the decline in income and increasing debt. The main cause of [...]