Market
Will South Korea's elderly population reach 25% by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Demographic data released by South Korea's Statistics Korea or international demographic organizations
Story
South Korea Enters 'Super-Aged Society' as 20% of Population is 65 or Older, With 0.7 Birth Rate
Dec 24, 2024, 08:08 AM
South Korea has officially entered a 'super-aged society,' with 20% of its population aged 65 or older, according to recent demographic data. This milestone reflects a significant demographic shift, as the elderly population is predominantly female, with 22.2% of women and 17.8% of men aged 65 and above. The country's low birth rate, currently at 0.7, is one of the lowest in the developed world, contributing to this aging trend. Officials, including Kim Min-jae from the Ministry of the Interior, have emphasized the urgency of establishing dedicated policies to address the challenges posed by this demographic change.
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Less than 20% • 25%
More than 22% • 25%
21% to 22% • 25%
20% to 21% • 25%
Yes • 50%
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Other economic measures • 25%
Pension system reform • 25%
Labor market reforms • 25%
Increased healthcare spending • 25%
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Increase in retirement age • 25%
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Increasing birth rate • 25%
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