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Number of single-person households expected to keep increasing: data

2019-06-24 10 Dailymotion

The number of South Koreans living alone is rising at a faster clip than anticipated... and the trend is likely to continue even as South Korea's population begins to contract. <br /> According to a report by KB Financial Group,... the number of single-person households in South Korea surpassed 5-point-6 million in 2017,... some eleven percent of the total population. <br />It's also higher... than the previous estimate of 5-point-5 million.<br />South Korea's population is forecast to enter a natural decline phase in 2028,... due a steady drop in the number of marriages and childbirths. <br />As a result,... single-person households are expected to take up 16 percent of South Korea's population by 2045. <br />

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