Tuesday, October 19, 2021

43.9% of the South Korean population may be 65 and older in 2050, up from 16.5% in 2021

They will still sing in 2050

Imagine a society where close to half of the population is 65 and older. Given this 2050 projection, South Korea will have to make radical changes or face big economic trouble at such a high level of retirees.

From the Korea Herald, "16.5% of S. Korea’s population aged 65 and older in 2021: report":

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People aged 65 and older made up 16.5 percent of South Korea’s population this year, a report showed

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By 2050, the number of elderly people could account for 43.9 percent of the country’s population, according to the report.

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