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South Korea Fact Sheet

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South Korea Elder Care Demograhics

  • In 2000, approximately 605 million people worldwide were 60 years and older. By 2050, that number is expected to reach 2 billion.1
  • In South Korea, the current population is 48.9 million, with approximately 5.4 million seniors age 65+ (11% of the overall population).2
  • The projected senior population in 2030 will be 11.8 million (24.3% of the overall population.)2
  • The current gross domestic product (GDP) is $832,900,000,000.3
  • The current gross domestic product (GDP) per capita is $17,175.3

Source(s):
1. U.S. Administration on Aging
2. Statistics Korea, 2010
3. Bank of Korea, 2009