Korea - Age dependency ratio, young (% of working-age population)

The value for Age dependency ratio, young (% of working-age population) in Korea was 17.50 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 82.93 in 1962 and a minimum value of 17.50 in 2020.

Definition: Age dependency ratio, young, is the ratio of younger dependents--people younger than 15--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.

Source: World Bank staff estimates based on age distributions of United Nations Population Division's World Population Prospects: 2019 Revision.

See also:

Year Value
1960 80.98
1961 82.50
1962 82.93
1963 82.63
1964 82.12
1965 81.68
1966 80.75
1967 80.07
1968 79.36
1969 78.24
1970 76.57
1971 74.74
1972 72.64
1973 70.36
1974 68.02
1975 65.66
1976 63.52
1977 61.13
1978 58.71
1979 56.51
1980 54.61
1981 52.49
1982 50.83
1983 49.37
1984 47.77
1985 45.89
1986 44.33
1987 42.30
1988 40.08
1989 38.14
1990 36.69
1991 35.11
1992 34.25
1993 33.80
1994 33.26
1995 32.44
1996 32.09
1997 31.23
1998 30.13
1999 29.18
2000 28.55
2001 27.79
2002 27.33
2003 27.03
2004 26.63
2005 26.04
2006 25.30
2007 24.51
2008 23.66
2009 22.80
2010 22.00
2011 21.31
2012 20.61
2013 19.93
2014 19.32
2015 18.79
2016 18.45
2017 18.14
2018 17.87
2019 17.66
2020 17.50

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Health Indicators

Sub-Topic: Population