Demographics

Demographics of South Korea in 2023 - Structure, Labor, Regional Trends

Last Updated: October 30, 2023

Executive Summary

South Korea - Population Growth

Note: % | Forecast After 2023 (UN, Statistics Office, Local Agency)

Population Structure

The population demographic data has been updated to October 2023 based primarily on the United Nations population database, with some countries using their own statistical agencies. All data listed is from 2022 (unless otherwise noted).

Population +

-26 k people

Birth

286 k people

Death

342 k people

Net Migration

30 k people

South Korea - Population Growth Drivers

Note: % | forecast after 2023

South Korea - Age Structure - Historical & Forecast

Note: % | forecast after 2023

Natural Growth

-1.1 ‰

Net Migration

0.6 ‰

Young Dependency

17.2 %

Old Dependency

23.3 %

South Korea - Median Age

Note: Age

South Korea - Demographic Structure

Source: UN Population; OOSGA Analytics

Culture Brief

Races

homogeneous

Language Used

Korean, English (widely taught in elementary, junior high, and high school)

Religion

Protestant 19.7%, Buddhist 15.5%, Catholic 7.9%, none 56.9% (2015 est. by CIA)

South Korea - Education

Note: %

South Korea - Education Comparison (Tertiary Education)

Note: %

Labor Brief

South Korea - Labor Participation Rate

Note: %

South Korea - Labor Participation by Groups

Note: %

South Korea - Labor Participation By Sectors

Note: %

Regional Brief

South Korea - Population in Key Regions

South Korea - GDP Per Capita in Key Regions

Reference

Population project by age group: UN population database | Data after 2022 is estimated/forecasted | Forecasted with medium variant
Currency: nominal USD, unless otherwise specified. | IMF
Economic projection: OECD, IMF, EIU, Local Government
Culture, ethnicities, languages: CIA Factbook
Education: World Bank
Labor Participation: ILO, OOSGA.org
Data Aggregation & Calculation: OOSGA.org
Analysis: Economic Team

Author: Economic Team

We track the latest economic developments from spending, retail, real estate to demographics in major economics around the world.

Demographics of South Korea in 2023 - Structure, Labor, Regional Trends

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Population

TFR

Median Age

Dependency Ratio

Life Expectancy

Net Migration Rate

Executive Summary

South Korea - Population Growth

Population Structure

Population +

Birth

Death

Net Migration

Natural Growth

Net Migration

Young Dependency

Old Dependency

Culture Brief

Labor Brief

Regional Brief