2025 projects South Korea's elderly population at over 20%, with a record low fertility rate of 0.72.

In 2023, South Korea reported 5,655,000 households led by individuals aged 65 and over, with 37.8% being single-person households, a rise from 32.9% in 2015. The elderly population reached 9.94 million in 2024, making up 19.2% of the total population, projected to exceed 20% in 2025. Concurrently, the fertility rate hit a record low of 0.72, highlighting challenges from an aging society and declining birth rates.

September 26, 2024
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