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Republic of Korea : Housing Prices, Poverty Rates, Ratio of population aged 65+ to population aged 15–64, 1950–2050

3.11.11 Change in housing prices, Seoul metropolitan area % 24_ 18- 12_ 6- -6- 2003 2006 2009 2012 Source: Korea Appraisal Board. 2013. Korea National Housing Price Trends. Seoul. 3.11.12 Ratio of population aged 65+ to population aged 15-64, 1950-2050 People's Republic of China Philippines India Singapore Indonesia - Thailand Republic of Korea Viet Nam % 75_ 60- 45- 30_ 15_ 1950 1970 1990 2010 2030 2050 Source: United Nations. Department of Economic and Social Affairs. Population Division (2011). World Population Prospects: The 2010 Revision. http://esa.un.org/unpd/wpp/ index.htm (accessed 21 February 2012). 3.11.2 Poverty rates among the elderly, 2006 and 2011 (%) Age 2006 2011 65-69 38.0 (9.4) 40.0 (15.2) 70-74 45.2 (13.0) 52.3 (21.4) 75–79 53.7 (22.6) 57.8 (27.6) 80+ 45.4 (18.3) 51.4 (28.8) 60+ 43.8 (14.0) 48.8 (21.4) Note: Numbers inside parentheses indicate extreme poverty rate. Poverty rate refers to the share of the population with income below 50% of the median income. Extreme poverty rate refers to the share of the population with income below 25% of the median income. Source: Korea Development Institute. 3.11.11 Change in housing prices, Seoul metropolitan area % 24_ 18- 12_ 6- -6- 2003 2006 2009 2012 Source: Korea Appraisal Board. 2013. Korea National Housing Price Trends. Seoul. 3.11.12 Ratio of population aged 65+ to population aged 15-64, 1950-2050 People's Republic of China Philippines India Singapore Indonesia - Thailand Republic of Korea Viet Nam % 75_ 60- 45- 30_ 15_ 1950 1970 1990 2010 2030 2050 Source: United Nations. Department of Economic and Social Affairs. Population Division (2011). World Population Prospects: The 2010 Revision. http://esa.un.org/unpd/wpp/ index.htm (accessed 21 February 2012). 3.11.2 Poverty rates among the elderly, 2006 and 2011 (%) Age 2006 2011 65-69 38.0 (9.4) 40.0 (15.2) 70-74 45.2 (13.0) 52.3 (21.4) 75–79 53.7 (22.6) 57.8 (27.6) 80+ 45.4 (18.3) 51.4 (28.8) 60+ 43.8 (14.0) 48.8 (21.4) Note: Numbers inside parentheses indicate extreme poverty rate. Poverty rate refers to the share of the population with income below 50% of the median income. Extreme poverty rate refers to the share of the population with income below 25% of the median income. Source: Korea Development Institute.

Republic of Korea : Housing Prices, Poverty Rates, Ratio of population aged 65+ to population aged 15–64, 1950–2050

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Policy challenge—mitigating old-age poverty : The Republic of Korea needs to find ways to deliver affordable, adequate, and sustainable income support for its elderly population, which is one ...

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