South Korea: Age dependency ratio

(measure: percent; source: The World Bank)

South Korea: Dependent people as percent of the working age population

: For that indicator, The World Bank provides data for South Korea from 1960 to 2016. The average value for South Korea during that period was 55.37 percent with a minumum of 36.96 percent in 2013 and a maximum of 86.56 percent in 1965. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The age dependency ratio for South Korea is calculated as follows: Age dependency = (people younger than 15 and older than 64) / (working age people ages 15-64). A higher value for South Korea and other countries means that employed people have to support more non-working people, either young or old.

Definition: Age dependency ratio is the ratio of dependents--people younger than 15 or 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.