December 24, 2024 1:52 PM

South Korea formally becomes ‘super-aged’ society

South Korea has formally become a "super-aged" society as the share of its population aged 65 or over surpassed 20 per cent, the interior ministry said on Tuesday, as the country copes with a demographic crisis of a rapidly ageing population and low birth rates. As of Monday, there were 10.24 million South Koreans aged 65 or older, accounting for 20.0 per cent of the country's total population of 51.22 million, according to the ministry, Yonhap news agency reported. The United Nations classifi...