Two-person households exceeding 30% signals shifting Korean demographics.
Context
What happened: South Korea projects two-person households will exceed 30 percent of all households for the first time next year, surpassing the combined share of three- and four-person households.
Key numbers: 22.81 million households expected in 2027, up 0.9 percent. Two-person households up 2.1 percent to 6.89 million, or 30.2 percent.
Why it matters: Household growth continues despite population decline, driven by one- and two-person households. Among two-person households, 44.3 percent are expected to be headed by someone 65 or older, up 1.3 percentage points.
Why it matters
Household growth continues despite population decline, driven by one- and two-person households. Among two-person households, 44.3 percent are expected to be headed by someone 65 or older, up 1.3 percentage points.