Korea, Rep. | Age dependency ratio, old (% of working-age population)
Age dependency ratio, old, is the ratio of older dependents--people older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population. Development relevance: Patterns of development in a country are partly determined by the age composition of its population. Different age groups have different impacts on both the environment and on infrastructure needs. Therefore the age structure of a population is useful for analyzing resource use and formulating future policy and planning goals with regards infrastructure and development. Limitations and exceptions: Because the five-year age group is the cohort unit and five-year period data are used in the United Nations Population Division's World Population Prospects, interpolations to obtain annual data or single age structure may not reflect actual events or age composition. For more information, see the original source. Statistical concept and methodology: Dependency ratios capture variations in the proportions of children, elderly people, and working-age people in the population that imply the dependency burden that the working-age population bears in relation to children and the elderly. But dependency ratios show only the age composition of a population, not economic dependency. Some children and elderly people are part of the labor force, and many working-age people are not. Age structure in the World Bank's population estimates is based on the age structure in United Nations Population Division's World Population Prospects. For more information, see the original source.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Age dependency ratio, old (% of working-age population)
1960 6.03091894
1961 6.12681514
1962 6.18848515
1963 6.22324773
1964 6.21046935
1965 6.18812509
1966 6.25628021
1967 6.36200276
1968 6.39897539
1969 6.3983923
1970 6.41290618
1971 6.45923968
1972 6.48494888
1973 6.46533688
1974 6.41499288
1975 6.33007037
1976 6.24980683
1977 6.19838206
1978 6.16100565
1979 6.15027702
1980 6.16992967
1981 6.25116823
1982 6.36505546
1983 6.42514933
1984 6.4417321
1985 6.49659469
1986 6.60112605
1987 6.70731592
1988 6.82517314
1989 6.95350782
1990 7.07934135
1991 7.24825179
1992 7.45704563
1993 7.6756053
1994 7.91734621
1995 8.15618269
1996 8.40156259
1997 8.70899643
1998 9.05383163
1999 9.44974428
2000 9.925388
2001 10.44176005
2002 10.98280967
2003 11.53560908
2004 12.09527454
2005 12.63546739
2006 13.19574978
2007 13.77494878
2008 14.2765134
2009 14.73848785
2010 15.22466708
2011 15.65431505
2012 16.06225053
2013 16.55320594
2014 17.11340131
2015 17.68445882
2016 18.23975847
2017 18.98461156
2018 19.85693708
2019 20.78577213
2020 21.98343911
2021 23.30183679
2022 24.65720419
Korea, Rep. | Age dependency ratio, old (% of working-age population)
Age dependency ratio, old, is the ratio of older dependents--people older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population. Development relevance: Patterns of development in a country are partly determined by the age composition of its population. Different age groups have different impacts on both the environment and on infrastructure needs. Therefore the age structure of a population is useful for analyzing resource use and formulating future policy and planning goals with regards infrastructure and development. Limitations and exceptions: Because the five-year age group is the cohort unit and five-year period data are used in the United Nations Population Division's World Population Prospects, interpolations to obtain annual data or single age structure may not reflect actual events or age composition. For more information, see the original source. Statistical concept and methodology: Dependency ratios capture variations in the proportions of children, elderly people, and working-age people in the population that imply the dependency burden that the working-age population bears in relation to children and the elderly. But dependency ratios show only the age composition of a population, not economic dependency. Some children and elderly people are part of the labor force, and many working-age people are not. Age structure in the World Bank's population estimates is based on the age structure in United Nations Population Division's World Population Prospects. For more information, see the original source.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source