The population of South Korea: a rich country on the verge of extinction

The population of South Korea (officially the Republic of Korea) is about 50 million people. The area of the territory is a little more than 100 square kilometers. Thus, the population of South Korea has a density of more than 500 people per square kilometer.

Compare with Russia

The territory of the Asian country is 171 times smaller than the Russian Federation. The population of South Korea is 2.85 times less. Nominally Koreans are richer than Russians more than 3 times (before the crises and devaluation of 2014-2015).

Birth problems

As is known from the experience of the developed countries of Europe and the United States, the wealth of the population leads to a decrease in the birth rate. This fate befell the Asian economic giant. Fertility has been fixed for many years below 1.20 per woman. One of the worst indicators in the world. If the situation does not change in the coming years, then the population of South Korea may shrink to 20 million by the end of this century. Experts predict a complete extinction while maintaining such fertility by the middle of the 28th century. Only a few countries in the world have lower rates - this is Singapore, Hong Kong, Taiwan, Macau.

Economic characteristics of the country

South Korea is the industrial leader of the Asian region with a developed IT industry. Unlike rich in natural resources, it has no natural resources. This forces us to develop non-resource sectors: tourism, banking, information technology, electronics, automotive, alternative energy sources.

Diligence and diligence are the features of Korean culture. Only recently, the official labor legislation passed on an 8-hour day with a 5-day workweek. Prior to this, a 6-day workweek with a 10-hour working day was allowed and universally applied. Till now at many enterprises this schedule operates. The authorities do not particularly fight for compliance with the labor regime. The level of competition in the workplace forces you to give 100%.

In this country they study until 24-28 years. And each level (and there are many of them) is accompanied by qualification examinations and selections. After studying, competition only increases in enterprises. A long training path is associated with the high demands of employers. South Korea is the leader in digital communication technologies.

This is one of the few Asian countries in which the role of the state has been modified. Almost all political and economic levers of influence are found in large industrial corporations. The population of South Korea is not subordinated to the state interests, as, for example, in the DPRK and many other Asian countries. Here, on the contrary, Western thinking and mentality. The state should help and take care of society.

The least favorite professions are policemen and civil servants. The first in the minds of South Koreans are associated with the Japanese occupation. The second - because of low pay in comparison with other spheres. A policeman is a hated overseer in the eyes of ordinary Koreans. Internal affairs employees do not feel themselves to be given special power, which can be abused. In a society, the requirements are dictated by laws, not policemen, as in some other states.

Economic indicators

The counter of the population of South Korea and the system of calculations of economic indicators determined the state of the economy. This country is one of the leading developed countries not only of the Asian region, but of the world.

South Korea GDP per capita has more than 36 thousand US dollars at purchasing power parity for 2015. At the same time, the level of inflation and unemployment does not reach 3%. It is among the 15 most developed countries in the world in this indicator.

The economy of the country for the 20th century has undergone a number of transformations, it has constantly changed the vectors of its development. After the Second World War, the emphasis was on agricultural production. In the 50-60-ies. Emphasis was placed on light industry and consumer goods. In the 70-80-ies. Heavy industry developed. Today, the economy of this country is dominated by services and highly intellectual production, robotics and alternative energy sources are developing.

Thus, it can be concluded that the population of South Korea is decreasing annually, and in the economic plan the country adapts itself to the needs of the world market and tries to occupy leading positions.