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South Korea’s Population Edges Up in 2024 as Foreign Residents Top 2 Million

Foreign residents have topped 2 million for the first time after visa extensions fueled a net gain.

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Overview

  • The total population reached 51.81 million as of Nov. 1, 2024, marking a 0.1 percent increase and the second consecutive year of growth.
  • The number of foreign residents rose 5.6 percent to 2.04 million, driven by expanded work visa programs.
  • South Korean nationals declined by 0.2 percent to 49.76 million, extending a four-year downward trend.
  • The working-age population fell by 290,000 to 36.26 million, continuing a decrease that began in 2018.
  • Citizens aged 65 and older climbed to 10.12 million—19.5 percent of the population—pushing the senior index to a record 186.7.