Aging of South Korea

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In demographic terms, aging refers to an increase in the proportion of senior citizens to the total population. The term "senior citizen" encompasses those aged 65 or older. In 2045, South Korea is projected to become the world's most aged population, surpassing Japan. Senior citizens will reach 46.5 percent of the population in 2067, outnumbering the working-age population. Aging is often caused by the dramatic improvement of living standards derived from the development of science and medicine, increasing the life expectancy of the average individual; however, a decrease in birth rates can be a major contributor. South Korea's birth rate has declined since 1960, becoming a prominent issue within the country. Until the 1980s, it was widely believed that the South Korean demographic trend would end and that the population would eventually stabilize, but birth rates continued to decrease. In 2021, this culminated in South Korea experiencing a natural population decline for the first time...

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