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Economy/Daily

21.5.27 - South Korea's shrinking population signals for the world

by kiip 2021. 5. 27.

# Bloomberg - South Korea's shrinking population signals for the world.

South Korea last year registered more deaths than births for the first time in recent history.

Korea's populations is expected to decline by nearly 25 million by 2100. 

 

While Korea's predicament is extreme, it is not unique.

Globally, 1 in 6 people will be over age 65 by 2050, compared with 1 in 11 last year.

 

"The problem of declining population is no longer a future challenge; it is a current reality in many economies"

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