The total population of South Korea reached 0.52 million in 2020. The population growth rate reached 0.14% over the same period last year. The gross domestic product is 1.63 trillion US dollars.
As an island country, from 2015 to 2020, the average life expectancy of North Korean residents is 72 years, which is 10.5 years lower than that of South Korea. In 2019, South Korea ranked 28th in the world in population, and North Korea ranked 54th, ranking 20th in total. South Korea is a country with high population density. In 2015, the population density was about 506 people per square kilometer, making it one of the countries with the largest population density in the world. The population distribution in South Korea is uneven. Most of the population lives in cities, and the urbanization rate is 82.5%. South Korea’s population density is very high because of its geographical location. The aging population has reached 24 percent.