Korea faces highest elderly population by 2045 (ChosunBiz/11 Dec 2024)

ChosunBiz reports South Korea will be the most aged nation by 2045, with 37.3% of the population aged 65 or older, as per the Low Birth Rate and Aging Society Committee. The rapid aging, driven by low fertility, increased life expectancy, and baby boomer demographics, is expected to exacerbate inequality and hinder sustainability. The committee called for integrated reforms in welfare, employment, and healthcare to address these challenges.