Elderly to make up nearly half of Korea's population by 2072 (KoreaHerald/23 Sep 2024)

The Korea Times reports that by 2072, nearly half of South Korea's population will be elderly, with young people making up just 6.6%. This demographic shift, driven by a persistently low birth rate and declining working-age population, will place significant pressure on the economically active to support the aging population. Despite efforts to raise the birth rate, the population decline is expected to continue, underscoring a deepening demographic crisis.