Old-age dependency ratio in South Korea

South Korea: Old-age dependency ratio was 25.9% in 2023. ◆ Volatile

Latest (2023)
25.9%
Change on year
up 5.5%
World rank
59th
of 236 countries
All-time high
25.9%
in 2023
All-time low
5.0%
in 1951
Years of data
74
1950–2023

Old-age dependency ratio in South Korea, 1950–2023

510152025195019862023

Source: UN, World Population Prospects (2024) – processed by Our World in Data. Measured in %.

Analysis

In 2023, old-age dependency ratio in South Korea stood at 25.9%. That is the highest value across all 74 years on record.

That represents a change of up 5.5% on the previous year and up 57.0% over ten years.

Over the whole period, old-age dependency ratio in South Korea peaked at 25.9% in 2023 and was at its lowest, 5.0%, in 1951.

South Korea ranks 59th of 236 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1950s 5.2% 5.0% 5.5% 10
1960s 6.0% 5.6% 6.2% 10
1970s 6.2% 6.1% 6.3% 10
1980s 6.5% 6.2% 6.9% 10
1990s 8.1% 7.0% 9.4% 10
2000s 12.3% 9.9% 14.6% 10
2010s 17.6% 15.1% 20.8% 10
2020s 23.9% 21.9% 25.9% 4

Countries ranked near South Korea

  1. 56 North Macedonia 26.7% compare
  2. 57 Niue 26.6% compare
  3. 58 Taiwan 26.2% compare
  4. 60 New Zealand 25.9% compare
  5. 61 Belarus 25.7% compare
  6. 62 Russia 25.2% compare

See the full ranking of 236 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is old-age dependency ratio in South Korea?
Old-age dependency ratio in South Korea was 25.9% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
What is the highest old-age dependency ratio recorded in South Korea?
The highest recorded value was 25.9% in 2023.
What is the lowest old-age dependency ratio recorded in South Korea?
The lowest recorded value was 5.0% in 1951.
How does South Korea rank for old-age dependency ratio?
South Korea ranks 59th out of 236 countries with data for 2023.
Is old-age dependency ratio rising or falling in South Korea?
Over the last ten years it is up 57.0%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from UN, World Population Prospects (2024) – processed by Our World in Data, published as part of Old-age dependency ratio. Statizoid updates them automatically from the source API.

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CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Old-age dependency ratio
Unit
%
Source
UN, World Population Prospects (2024) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
236 places, 17,464 data points, 1950–2023
Last refreshed

The number of people aged 65 and over per 100 working-age people (aged 15 to 64).