SEOUL, Feb. 24 (Korea Bizwire) — South Korea reported the first natural decline in population last year as the number of deaths outpaced that of newborns amid the country’s rapid aging and chronic low birth rate, data showed Wednesday. The number of newborns came to a record low of 272,400 last year, down 10 percent, [...]
SEOUL, Jan. 8 (Korea Bizwire) — A declining population is leading local authorities to come up with new policies as the plunging birth rate threatens to undermine the competitiveness of a number of cities, and could even lead to their dissolution. The southeastern city of Changwon is stepping up to offer special loans to stimulate the [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea is forecast to overtake Japan in terms of the proportion of elderly people among the total population in about 20 years due to its steep population aging speed, the central bank predicted Monday. The Bank of Korea (BOK) said in its latest report that South Korea ranks [...]
SEOUL, Jan. 3 (Korea Bizwire) — South Korea’s population fell year-on-year for the first time in 2020, census data showed Sunday, with a record low number of births getting surpassed by deaths to cause a natural decrease. According to the latest census figures released by the Ministry of Interior and Safety, South Korea had 51,829,023 [...]
SEJONG, Oct. 15 (Korea Bizwire) — The number of people aged 65 or older in South Korea is expected to account for 30 percent of the population in 2035, a report showed Thursday, highlighting concerns that the fast-aging demographic transition could pose a drag on the country’s economy. According to the report by Statistics Korea, [...]
SEJONG, Aug. 28 (Korea Bizwire) — South Korea’s total population inched up last year, but elderly people continued to outnumber children due to a rapid aging trend and a record low birth rate, the national census showed Friday. A total of 51.78 million people lived in South Korea as of Nov. 1, 2019, up 0.3 [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s population on the government’s database of residents register rose slightly and became older in 2019 from a year before, data showed Saturday. The country reported a total increase of 23,902, or 0.05 percent, in population to 51.8 million, and its average age rose to 42.6 from 42.1, [...]
SEOUL, June 29 (Korea Bizwire) — The capital and its surrounding area is anticipated to become home to more than half of the country’s 52-million population this year, as more people moved into the metropolitan area for job and education opportunities, data showed Monday. The population of the capital city and its surrounding Gyeonggi Province [...]
SEOUL, Dec. 9 (Korea Bizwire) — SK Telecom Co., a major telecommunication company in South Korea, said Monday it has joined hands with the country’s statistics agency to offer a mobile big data-based population mapping service. The service combines mobile data collected by SKT’s base stations nationwide and Statistics Korea’s data on population and households, [...]
SEOUL, Nov. 21 (Korea Bizwire) — South Korea will cut the slots for alternative military service by about 1,300 in the coming years in an effort to cope with the dwindling number of men required to serve in the military amid a shrinking population, officials said Thursday. By law, all able-bodied males in South Korea [...]