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Capital Area (Gyeonggi, Seoul, Incheon) 0.961 – South Korea (average) 0.929: 2 Gyeongnam [Southern Gyeongsang] (South Gyeongsang, Busan, Ulsan) 0.926 3 Chungcheong (North Chungcheong, South Chungcheong, Daejeon, Sejong) 0.913 4 Jeolla (North Jeolla, South Jeolla, Gwangju) 0.910 5 Gangwon: 0.906 6 Jeju: 0.905 7
South Korea's portion of the elderly population is projected to grow at the fastest pace in the world, from 14.9 percent in 2019 to 46.5 percent in 2067. [7] Consequently, this will lead to South Korea's population declining sharply within the next few decades to about 25–30 million, down from 51 million as of 2022.
The population of South Korea showed robust growth since the republic's establishment in 1948, and then dramatically slowed down with the effects of its economic growth. In the first official census, taken in 1949, the total population of South Korea was calculated at 20,188,641 people. The 1985 census total was 40,466,577.
With scant immigration, South Korea’s total population is expected to drop from 51.75 million in 2024 to 36.22 million, a level not seen since 1977, according to Statistics Korea.
As South Korea hits the world's lowest birth rate, a rural elementary school struggles to stay open amid a nationwide drop-off in school-age children.
South Korea's median house prices hit a peak in June 2021 after rising 45% over five years, according to Korea Real Estate Board data. It has since fallen 19% following an aggressive interest rate ...
Housing in South Korea includes detached houses, apartment (unit of apartment, row houses, and private houses), studio apartments, and dormitories in non-residential buildings such as shopping malls and factories. While the occupancy rate of apartment houses is steadily rising, the occupancy rate of detached houses is steadily falling.
Although Seoul's population peaked at over 10 million, it has gradually decreased since 2014, standing at about 9.6 million residents as of 2024. Seoul is the seat of the South Korean government. Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea.