South Korea: According to the national statistics agency, the percentage of South Koreans who would be living alone in 2050 is predicted to more than quadruple from the year 2000. This represents a change in the makeup of households, which contributes to the lowest fertility rate in the world.
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What does data reveal?
In 2021, there were more single-person households 7.2 million or one third of the households, more than any other type of multiple-person family. According to Statistics Korea, the ratio, which was 15.5% in 2000, will likely increase to about 40% by the middle of the century.
The statistics show that families are changing as Koreans adjust to social conventions and economic realities in a nation that is quickly developing.
Although it still falls far short of Japan or Germany, South Korea now has a share of single-person homes that is roughly equivalent to that of the UK.
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Reason for choosing not to marry:
Nearly half of singles cited lack of money and job security as their reasons for not getting married, while 12% of respondents stated they felt burdened by having to raise children. 25% of respondents claimed they haven’t found the right match or don’t feel pressure to get hitched.
The country’s elderly demographics will be further strained by the increase in one-person homes.
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