Average effective age of retirement for men in South Korea
South Korea: Average effective age of retirement for men was 72.3 years in 2018. ▲ Rising
Average effective age of retirement for men in South Korea, 1970–2018
Source: OECD (2018) – processed by Our World in Data. Measured in years.
Analysis
South Korea recorded 72.3 years for average effective age of retirement for men in 2018.
That represents a change of down 0.8% on the previous year and up 3.0% over ten years.
Over the whole period, average effective age of retirement for men in South Korea peaked at 73.3 years in 2014 and was at its lowest, 65.4 years, in 1971.
That places South Korea 2nd out of 49 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Average effective age of retirement for men in South Korea, year by year
| Year | years | Change |
|---|---|---|
| 1970 | 65.7 years | — |
| 1971 | 65.4 years | -0.5% |
| 1972 | 66.4 years | +1.5% |
| 1973 | 66 years | -0.6% |
| 1974 | 65.7 years | -0.5% |
| 1975 | 66.2 years | +0.8% |
| 1976 | 67.7 years | +2.3% |
| 1977 | 68.3 years | +0.9% |
| 1978 | 68.5 years | +0.3% |
| 1979 | 67.8 years | -1.0% |
| 1980 | 68.4 years | +0.9% |
| 1981 | 67.5 years | -1.3% |
| 1982 | 66.1 years | -2.1% |
| 1983 | 65.9 years | -0.3% |
| 1984 | 66.3 years | +0.6% |
| 1985 | 66.3 years | +0.0% |
| 1986 | 66.4 years | +0.2% |
| 1987 | 66 years | -0.6% |
| 1988 | 67.1 years | +1.7% |
| 1989 | 68 years | +1.3% |
| 1990 | 69.9 years | +2.8% |
| 1991 | 70.6 years | +1.0% |
| 1992 | 71.7 years | +1.6% |
| 1993 | 70.6 years | -1.5% |
| 1994 | 70.9 years | +0.4% |
| 1995 | 70.5 years | -0.6% |
| 1996 | 69.6 years | -1.3% |
| 1997 | 69.5 years | -0.1% |
| 1998 | 68.7 years | -1.2% |
| 1999 | 67.7 years | -1.5% |
| 2000 | 67 years | -1.0% |
| 2001 | 67.4 years | +0.6% |
| 2002 | 68 years | +0.9% |
| 2003 | 68.5 years | +0.7% |
| 2004 | 69.8 years | +1.9% |
| 2005 | 70.2 years | +0.6% |
| 2006 | 70.9 years | +1.0% |
| 2007 | 71 years | +0.1% |
| 2008 | 70.2 years | -1.1% |
| 2009 | 70.2 years | +0.0% |
| 2010 | 71 years | +1.1% |
| 2011 | 71.4 years | +0.6% |
| 2012 | 71.7 years | +0.4% |
| 2013 | 72.1 years | +0.6% |
| 2014 | 73.3 years | +1.7% |
| 2015 | 72.4 years | -1.2% |
| 2016 | 72.1 years | -0.4% |
| 2017 | 72.9 years | +1.1% |
| 2018 | 72.3 years | -0.8% |
South Korea compared with similar countries
- South Korea's 72.3 years is above the median for East Asia & Pacific, which is 70.3 years, 1.0× the median. (6 countries reporting)
- South Korea's 72.3 years is above the median for high income countries, which is 64.9 years, 1.1× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.77 years | 65.4 years | 68.5 years | 10 |
| 1980s | 66.8 years | 65.9 years | 68.4 years | 10 |
| 1990s | 69.97 years | 67.7 years | 71.7 years | 10 |
| 2000s | 69.32 years | 67 years | 71 years | 10 |
| 2010s | 72.13 years | 71 years | 73.3 years | 9 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is average effective age of retirement for men in South Korea?
- Average effective age of retirement for men in South Korea was 72.3 years in 2018, according to OECD (2018) – processed by Our World in Data.
- What is the highest average effective age of retirement for men recorded in South Korea?
- The highest recorded value was 73.3 years in 2014.
- What is the lowest average effective age of retirement for men recorded in South Korea?
- The lowest recorded value was 65.4 years in 1971.
- How does South Korea rank for average effective age of retirement for men?
- South Korea ranks 2nd out of 49 countries with data for 2018.
- Is average effective age of retirement for men rising or falling in South Korea?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from OECD (2018) – processed by Our World in Data, published as part of Average effective age of retirement for men. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates are based on a weighted average of changes in labour force participation rates by age, for workers 40+