SEJONG (KOREA HERALD/ASIA NEWS NETWORK) - South Korea is projected to become one of eight superaged societies in the world by 2024, alongside the existing five - Japan, Italy, Germany, Sweden and France.. Read more at straitstimes.com.
SEJONG - South Korea is projected to become one of eight superaged societies in the world by 2024, alongside the existing five - Japan, Italy, Germany, Sweden and France.A superaged, also known as post-aged or ultra-aged, society refers to a nation whose elderly population accounts for 20 per cent or more of the entire population, according to a stipulation by the United Nations.
Though Statistics Korea forecasts that the year of becoming a superaged society would be 2026, there is a high possibility that the timing will be advanced by about two years to 2024. Even under the assumption that the gradient remains the same, growth of 0.9 percentage point per annum, the figures for March 2024 and March 2025 would be 19.4 per cent and 20.3 per cent, respectively.
In March 2010, the number of those in their 80s or older stood at 900,062, which was only 1.8 per cent of the population. The figure rose to 1.33 million in March 2015, and to 1.92 million in March 2020. In contrast, South Korea's entire population, which has showed meagre growth over the past 10 years, has de facto entered an era of steady decline. The figure dropped for the fourth consecutive month -- as an unprecedented case -- since December 2019.
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