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Senior Citizens Make Up 17.5 pct of S. Korea’s Population in 2022

Senior Citizens Make Up 17.5 pct of S. Korea’s Population in 2022

SEOUL, Sept. 29 (Korea Bizwire) — People aged 65 and older took up 17.5 percent of South Korea’s population this year amid rapid aging, data showed Thursday, underscoring concerns that the demographic change could weigh on the country’s economy. The number of older adults stood at 9.02 million out of the country’s 51.6 million population [...]

S. Korean Population Falls for 2nd Year in a Row in 2021

S. Korean Population Falls for 2nd Year in a Row in 2021

SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s population declined on-year for the second consecutive year last year, while the number of single-person households continued to increase, government data showed Tuesday. As of the end of 2021, the nation’s registered population stood at 51,638,809, down 0.37 percent from 51,829,023 tallied at the end of 2020, [...]

Seoul’s Population Falls Below 9.5 mln

Seoul’s Population Falls Below 9.5 mln

SEOUL, June 7 (Korea Bizwire) — Seoul’s population has fallen below 9.5 million, just six years after it sunk below 10 million, data showed Monday. The Ministry of Interior and Safety said that the population of the capital city stood at 9,496,887 as of late May, The city’s population was above 10.3 million as recently [...]

Foreign Residents in S. Korea to Rise to 4.3 pct of Population in 2040: Report

Foreign Residents in S. Korea to Rise to 4.3 pct of Population in 2040: Report

SEOUL, April 14 (Korea Bizwire) — South Korea’s total population has started to decline amid low childbirths, but the number of foreigners here is forecast to continue to increase to make up of 4.3 percent of the population in 2040, a report showed Thursday. After peaking at 51.84 million in 2020, the country’s total population [...]

S. Korea’s Total Population to Fall for First Time This Year

S. Korea’s Total Population to Fall for First Time This Year

SEOUL, Dec. 9 (Korea Bizwire) — South Korea’s total population is expected to record its first decline this year, the statistics agency said Thursday, a grim assessment of its demographic situations amid the country’s chronically low birthrate, rapid aging and a decline in incoming foreigners during the pandemic. The country’s total population is estimated to [...]