South Korea Forecast: Population

1980 - 2028 | Yearly | Person mn | International Monetary Fund

Key information about South Korea Population Forecast

  • South Korea Population is forecasted to be 51.505 Person mn in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 51.565 Person mn in Dec 2023
  • Looking ahead, South Korea Population is projected to stand at 51.305 Person mn in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Population

View South Korea's Forecast: Population from 1980 to 2028 in the chart:

South Korea Forecast: Population

What is South Korea's Forecast: Population in 2028?

South Korea Population is forecasted to be 51.505 Person mn in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
51.305 2028 51.355 2027 38.124 1980 51.836 2020 Person mn yearly 1980 - 2028

Forecast: Population by Country Comparison

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country/region Last Frequency Range
Afghanistan (Person mn) 34.263 2022 yearly 2002 - 2022
Albania (Person mn) 2.810 2028 yearly 1980 - 2028
Algeria (Person mn) 48.985 2028 yearly 1980 - 2028
Andorra (Person mn) 0.095 2028 yearly 2010 - 2028
Angola (Person mn) 42.641 2028 yearly 1980 - 2028
Antigua and Barbuda (Person mn) 0.109 2028 yearly 1980 - 2028
Argentina (Person mn) 49.149 2028 yearly 1980 - 2028
Armenia (Person mn) 2.964 2028 yearly 1992 - 2028
Aruba (Person mn) 0.106 2028 yearly 1986 - 2028
Australia (Person mn) 28.259 2028 yearly 1980 - 2028
Austria (Person mn) 9.302 2028 yearly 1980 - 2028
Azerbaijan (Person mn) 11.000 2028 yearly 1992 - 2028
Bahamas (Person mn) 0.421 2028 yearly 1980 - 2028
Bahrain (Person mn) 1.789 2028 yearly 1980 - 2028
Bangladesh (Person mn) 178.681 2028 yearly 1980 - 2028
Barbados (Person mn) 0.294 2028 yearly 1980 - 2028
Belarus (Person mn) 9.028 2028 yearly 1992 - 2028
Belgium (Person mn) 11.886 2028 yearly 1980 - 2028
Belize (Person mn) 0.498 2028 yearly 1980 - 2028
Benin (Person mn) 16.018 2028 yearly 1980 - 2028
Bhutan (Person mn) 0.805 2028 yearly 1980 - 2028
Bolivia (Person mn) 13.014 2028 yearly 1980 - 2028
Bosnia and Herzegovina (Person mn) 3.416 2028 yearly 1996 - 2028
Botswana (Person mn) 2.953 2028 yearly 1980 - 2028
Brazil (Person mn) 227.549 2028 yearly 1980 - 2028
Brunei (Person mn) 0.443 2028 yearly 1985 - 2028
Bulgaria (Person mn) 6.557 2028 yearly 1980 - 2028
Burkina Faso (Person mn) 26.880 2028 yearly 1980 - 2028
Burundi (Person mn) 15.043 2028 yearly 1980 - 2028
Cambodia (Person mn) 16.977 2028 yearly 1986 - 2028
Cameroon (Person mn) 32.244 2028 yearly 1980 - 2028
Canada (Person mn) 42.190 2028 yearly 1980 - 2028
Cape Verde (Person mn) 0.612 2028 yearly 1980 - 2028
Central African Republic (Person mn) 5.694 2028 yearly 1980 - 2028
Chad (Person mn) 20.576 2028 yearly 1980 - 2028
Chile (Person mn) 21.050 2028 yearly 1980 - 2028
China (Person mn) 1,401.069 2028 yearly 1980 - 2028
Colombia (Person mn) 54.779 2028 yearly 1980 - 2028
Comoros (Person mn) 1.193 2028 yearly 1980 - 2028
Congo (Person mn) 5.704 2028 yearly 1980 - 2028
Costa Rica (Person mn) 5.535 2028 yearly 1980 - 2028
Croatia (Person mn) 3.871 2028 yearly 1992 - 2028
Cyprus (Person mn) 0.951 2028 yearly 1980 - 2028
Czech Republic (Person mn) 10.952 2028 yearly 1995 - 2028
Democratic Republic of Congo (Person mn) 117.314 2028 yearly 1980 - 2028
Denmark (Person mn) 5.996 2028 yearly 1980 - 2028
Djibouti (Person mn) 1.093 2028 yearly 1991 - 2028
Dominica (Person mn) 0.076 2028 yearly 1981 - 2028
Dominican Republic (Person mn) 11.203 2028 yearly 1980 - 2028
Ecuador (Person mn) 19.579 2028 yearly 1980 - 2028
Egypt (Person mn) 116.670 2028 yearly 1980 - 2028
El Salvador (Person mn) 6.471 2028 yearly 1980 - 2028
Equatorial Guinea (Person mn) 1.777 2028 yearly 1980 - 2028
Eritrea (Person mn) 4.084 2028 yearly 1992 - 2028
Estonia (Person mn) 1.325 2028 yearly 1993 - 2028
Swaziland (Person mn) 1.227 2028 yearly 1980 - 2028
Ethiopia (Person mn) 114.482 2028 yearly 1980 - 2028
Fiji (Person mn) 0.940 2028 yearly 1980 - 2028
Finland (Person mn) 5.641 2028 yearly 1980 - 2028
France (Person mn) 66.760 2028 yearly 1980 - 2028
Gabon (Person mn) 2.314 2028 yearly 1980 - 2028
Gambia (Person mn) 3.066 2028 yearly 1980 - 2028
Georgia (Person mn) 3.626 2028 yearly 1994 - 2028
Germany (Person mn) 83.711 2028 yearly 1980 - 2028
Ghana (Person mn) 37.328 2028 yearly 1980 - 2028
Greece (Person mn) 10.402 2028 yearly 1980 - 2028
Grenada (Person mn) 0.118 2028 yearly 1980 - 2028
Guatemala (Person mn) 21.117 2028 yearly 1980 - 2028
Guinea (Person mn) 17.018 2028 yearly 1990 - 2028
Guinea-Bissau (Person mn) 2.145 2028 yearly 1980 - 2028
Guyana (Person mn) 0.806 2028 yearly 1980 - 2028
Haiti (Person mn) 13.069 2028 yearly 1980 - 2028
Honduras (Person mn) 11.428 2028 yearly 1980 - 2028
Hong Kong SAR, China (Person mn) 7.479 2028 yearly 1980 - 2028
Hungary (Person mn) 9.707 2028 yearly 1980 - 2028
Iceland (Person mn) 0.402 2028 yearly 1980 - 2028
India (Person mn) 1,491.670 2028 yearly 1980 - 2028
Indonesia (Person mn) 289.620 2028 yearly 1980 - 2028
Iran (Person mn) 90.961 2028 yearly 1980 - 2028
Iraq (Person mn) 49.280 2028 yearly 2003 - 2028
Ireland (Person mn) 5.449 2028 yearly 1980 - 2028
Israel (Person mn) 10.736 2028 yearly 1980 - 2028
Italy (Person mn) 58.820 2028 yearly 1980 - 2028
Ivory Coast (Person mn) 33.103 2028 yearly 1980 - 2028
Jamaica (Person mn) 2.762 2028 yearly 1980 - 2028
Japan (Person mn) 121.456 2028 yearly 1980 - 2028
Jordan (Person mn) 10.655 2028 yearly 1980 - 2028
Kazakhstan (Person mn) 21.024 2028 yearly 1992 - 2028
Kenya (Person mn) 57.977 2028 yearly 1980 - 2028
Kiribati (Person mn) 0.134 2028 yearly 1980 - 2028
South Korea (Person mn) 51.305 2028 yearly 1980 - 2028
Kosovo (Person mn) 1.775 2028 yearly 2000 - 2028
Kuwait (Person mn) 5.318 2028 yearly 1980 - 2028
Kyrgyzstan (Person mn) 7.686 2028 yearly 1992 - 2028
Laos (Person mn) 8.086 2028 yearly 1980 - 2028
Latvia (Person mn) 1.867 2028 yearly 1992 - 2028
Lebanon (Person mn) 6.825 2020 yearly 1980 - 2020
Lesotho (Person mn) 2.270 2028 yearly 1980 - 2028
Liberia (Person mn) 6.095 2028 yearly 1998 - 2028
Libya (Person mn) 7.194 2028 yearly 1980 - 2028

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South Korea Key Series

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Includes 470 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) -30,900.574 Feb 2024 monthly Jul 1999 - Feb 2024
Tax Revenue (USD mn) 9,088.625 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue: % of GDP (%) 22.7 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Government Debt: % of GDP (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
Forecast: Government Expenditure (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Forecast: Government Net Debt (KRW bn) 1,606,994.340 2028 yearly 1990 - 2028
Forecast: Government Revenue (KRW bn) 679,687.380 2028 yearly 1995 - 2028
National Debt (ND) (KRW bn) 1,067,700.000 2022 yearly 1997 - 2022
Central Govt Debt (KRW bn) 1,099,561.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Foreign (KRW bn) 11,791.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Short-Term (KRW bn) 0.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Domestic (KRW bn) 1,087,771.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Medium & Long Term (KRW bn) 1,099,507.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.043 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,279.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports (USD mn) 56,563.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports Growth (%) 3.1 Mar 2024 monthly Jan 1967 - Mar 2024
Aluminum: Exports (USD th) 4,568,165.809 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,062,354.931 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,513,466.420 2022 yearly 1995 - 2022
Total Imports (USD mn) 52,284.0 Mar 2024 monthly Jan 1966 - Mar 2024
Total Imports Growth (%) -12.3 Mar 2024 monthly Jan 1967 - Mar 2024
Imports: Medicament (USD th) 4,532,213.079 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 4,747,831.996 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 10,911.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Imports from USA (USD mn) 5,974.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Exports to China (USD mn) 10,520.000 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports from China (USD mn) 11,396.000 Mar 2024 monthly Jan 1988 - Mar 2024
Trade Balance: First 10 days (USD mn) -1,987.404 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: First 10 days (USD mn) 18,428.230 Apr 2024 monthly Jan 2016 - Apr 2024
Exports: First 10 days (USD mn) 16,440.826 Apr 2024 monthly Jan 2016 - Apr 2024
Imports: Middle East: Qatar (USD th) 1,140,352.000 Feb 2024 monthly Jan 1993 - Feb 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 249,718.000 Mar 2024 monthly Jan 1981 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,304.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Current Account Balance: % of GDP (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment (USD mn) 7,450.600 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3,253.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 4,197.400 Dec 2023 quarterly Mar 1980 - Dec 2023
External Debt (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: % of GDP (%) 38.8 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 136,202.8 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Short Term: % of GDP (%) 8.0 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 757.9 Dec 2023 quarterly Dec 2008 - Dec 2023
Forecast: Current Account Balance (USD bn) 66.020 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
BoP: CA: G&S: Goods: Exports fob (USD mn) 53,778.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Goods: Imports fob (USD mn) 42,392.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Credit (USD mn) 8,183.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Services (SV) (USD mn) -2,093.900 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Credit (USD mn) 873.600 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Debit (USD mn) 1,713.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Direct Investment (DI) (USD mn) 6,056.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Portfolio Investment (PI) (USD mn) 407.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: DI: Direct Investment Assets (USD mn) 6,294.200 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) 3,416.100 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) 3,008.700 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Financial Derivatives (FD) (USD mn) -484.100 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Assets (USD mn) -4,690.900 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Liabilities (USD mn) -4,206.800 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: Other Investment (OI) (USD mn) -2,828.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) 4,833.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) 7,661.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Debit (USD mn) 10,277.700 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Primary Income: Credit (USD mn) 6,100.500 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 802.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 49,468.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,034.100 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods (USD mn) 8,227.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 57,695.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income (USD mn) 2,187.800 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services (USD mn) -2,186.800 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,359.000 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,912.700 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: Secondary Income (USD mn) -556.900 Feb 2024 monthly Jan 1980 - Feb 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 10,847.300 Feb 2024 monthly Jan 1980 - Feb 2024
International Investment Position: Liabilities (USD mn) 1,507,236.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Net (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Assets (USD mn) 2,287,113.000 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Gross: Long Term (LT) (USD mn) 527,428.300 Dec 2023 quarterly Dec 1994 - Dec 2023
ODI: Total Invested: Real Estate (USD mn) 725,563.42 Jun 2018 monthly Dec 1980 - Jun 2018
Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) 72.400 Feb 2024 monthly Jan 2015 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Dec 2023 quarterly Jun 2001 - Dec 2023
Household Debt: % of GDP (%) 103.5 Dec 2023 quarterly Dec 2002 - Dec 2023
Non-Performing Loans (USD mn) 7,165.465 Dec 2023 quarterly Jun 2001 - Dec 2023
Money Supply M1 (USD mn) 916,308.413 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply M2 (USD mn) 2,934,712.413 Jan 2024 monthly Jan 1970 - Jan 2024
M2 Growth (%) 3.8 Jan 2024 monthly Jan 1971 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves (USD mn) 395,420.3 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Mar 2024 monthly Nov 1979 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Mar 2024 monthly Jan 1971 - Mar 2024
Gold Reserves (USD mn) 4,794.759 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 1,873,942.617 Jan 2024 monthly Sep 1992 - Jan 2024
Total Deposits Growth (%) 3.8 Jan 2024 monthly Sep 1993 - Jan 2024
Domestic Credit (USD mn) 3,462,458.6 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit Growth (%) 4.9 Feb 2024 monthly Dec 2002 - Feb 2024
Debt Service Ratio: Households (%) 14.200 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.800 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 1,663.027 Sep 2023 quarterly Dec 1962 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 3,695.718 Sep 2023 quarterly Dec 1962 - Sep 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,704,813.020 Jan 2024 monthly Jan 1965 - Jan 2024
Total Loans Growth (%) 4.94 Jan 2024 monthly Jan 1966 - Jan 2024
Private Debt: % of Nominal GDP (%) 176.79 Dec 2023 quarterly Mar 1991 - Dec 2023
Money Supply: New M2: Certificate of Deposit (KRW bn) 24,533.00 Mar 2018 monthly Jun 1984 - Mar 2018
Money Supply: New M1: sa (KRW bn) 1,223,180.100 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply: New M2: sa (KRW bn) 3,917,547.600 Jan 2024 monthly Jan 1970 - Jan 2024
Deposits: CSB: Households (KRW bn) 614,344.50 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Corporations (KRW bn) 396,621.30 Mar 2018 monthly Jan 1975 - Mar 2018
Loans of CSBs: CH: Corporate (KRW bn) 796,021.70 Mar 2018 monthly Dec 2006 - Mar 2018
Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) 1,525,815.40 Mar 2018 monthly Jan 1965 - Mar 2018
Loans of CSBs: CH: Household (KRW tn) 1,098.600 Mar 2024 monthly Dec 2013 - Mar 2024
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,371.400 Mar 2024 monthly Dec 2013 - Mar 2024
Loans of CSBs: CH: Household: Mortgage (KRW tn) 860.500 Mar 2024 monthly Dec 2013 - Mar 2024
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) 12,186.500 Dec 2018 quarterly Jun 2001 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.0 Mar 2024 monthly Feb 2004 - Mar 2024
Busniess Survey Index: Forecast: Manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
Business Survey Index: Forecast: Non-manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
BSI: Forecast: BC: Services (NA) 81.000 Jul 2018 monthly Sep 2009 - Jul 2018
Business Survey Index: Actual: Manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Actual: Non-manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018

More Indicators for South Korea

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