South Korea becomes super-aged society faster than expected (KED/24 Dec 2024)

KED Global reports that South Korea has entered the "super-aged society" category ahead of predictions, with 20% of its population now aged 65 or older. This demographic shift, combined with the world's lowest birthrate, underscores the urgency for systematic policy changes, including the establishment of a population strategy department. Efforts by corporations to address declining fertility through incentives have yet to yield significant results, heightening concerns over workforce sustainability and economic stability.