South Koreas population dips below 50M Elderly set to exceed 30% by 2034

Elderly set to exceed 30% by 2034

The population of South Korean nationals residing in the country has dropped below 50 million for the first time in six years, largely due to low birth rates.

Projections suggest that by 2042, this figure may not even reach 47 million.

According to data released by Statistics Korea on April 11, the population of South Korean nationals decreased from 50,021,000 in 2022 to 49,847,000 in 2023. After surpassing the 50 million mark in 2018 with a population of 50,024,000, the figure had remained in the 50 million range for five years before dropping to the 40 million range last year.

  • Flying SquidMEnglish
    8•2 months ago

    I’ve been a house husband twice in our marriage. First when my daughter was born about 14 years ago until she was 3, and again now that she’s in online school and they require a parent to stay home and supervise. And before and after both instances, my wife made more than me.

    She’s also much more highly educated than me. She has two masters degrees, I’m a college dropout. I’m pretty sure the only ‘transactional’ thing in our relationship involves things like ‘if you do the dishes, I’ll take out the trash.’