Due to a low birthrate and increased life expectancy, the number of senior citizens in Seoul will reach 2.393 million by year 2033, statistics showed Tuesday.
This means that by that time 1 out of every 5 citizens will be aged 65 years or older, according to the report released by the Seoul Metropolitan government.
The median age will consequently rise, from the current 39 as of 2013 to 48.6 in 2033.
The city’s number of economically active people aged between 15 and 64 will continue to decline from 7.58 million in 2013 to 6.02 million in 2033. The number of dependents for every 100 working-age people will increase from 30.9 in 2013 to 57.2 in 2033, it added.
