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Seoul: South Korea has become a “super-aged society,” with 20 percent of its population aged 65 or older, official data showed on Tuesday, a gloomy trend driven by an alarmingly low birth rate.
Asia’s fourth-largest economy recorded just 0.7 births per woman late last year — one of the lowest birth rates in the world and far below the replacement rate of 2.1 needed to sustain the current population.
That means South Korea’s population is aging and shrinking rapidly.
Those aged 65 and older “account for 20 percent of the 51.2 million registered population, numbering 10 million,” the interior ministry said in a news release on Tuesday, placing South Korea alongside Japan, Germany and France as a “super-aged society.”
It also means the elderly population has more than doubled since 2008, when it numbered fewer than five million, according to the ministry.
Men account for 44 percent of the current 65-and-older group, the data showed.
The government has poured billions of dollars into encouraging more births, with Seoul authorities offering subsidies for egg freezing in one recent effort.
However, such efforts have failed to deliver the intended results and the population is projected to fall to 39 million by 2067, when the median population age will be 62.
Experts say there are multiple causes for the twin phenomena of low marriage and birth rates, ranging from high child-rearing costs and soaring property prices to a notoriously competitive society that makes securing well-paid jobs difficult.
The double burden on working mothers, who shoulder the bulk of household chores and childcare while maintaining their careers, is another key factor, they say.

BOGOTÁ, Colombia: One of Colombia’s legendary drug lords and a key operator of the Medellin cartel has been deported back to the South American country, after serving 25 years of a 30-year prison sentence in the United States.
Fabio Ochoa arrived in Bogota’s El Dorado airport on a deportation flight on Monday, wearing a grey sweatshirt and carrying his personal belongings in a plastic bag.
After stepping out of the plane, the former cartel boss was met by immigration officials in bullet proof vests. There were no police on site to detain him — an indication he may not have any pending cases in Colombian courts.
In a brief statement, Colombia’s national immigration agency said Ochoa should be able to enter Colombia “without any problems,” once he is cleared by immigration officers who will check for any outstanding cases against the former drug trafficker.
Ochoa, 67, and his older brothers amassed a fortune when cocaine started flooding the US in the late 1970s and early 1980s, according to US authorities, to the point that in 1987 they were included in the Forbes Magazine’s list of billionaires.
Living in Miami, Ochoa ran a distribution center for the cocaine cartel once headed by Pablo Escobar. Escobar died in a shootout with authorities in Medellin in 1993.
Ochoa was first indicted in the US for his alleged role in the 1986 killing of Barry Seal, an American pilot who flew cocaine flights for the Medellin cartel, but became an informant for the Drug Enforcement Administration.
Along with his two older brothers, Juan David and Jorge Luis, Ochoa turned himself in to Colombian authorities in the early 1990s under a deal in which they avoided being extradited to the US
The three brothers were released from prison in 1996, but Ochoa was arrested again three years later for drug trafficking and was extradited to the US in 2001 in response to an indictment in Miami naming him and more than 40 people as part of a drug smuggling conspiracy.
He was the only suspect in that group who opted to go to trial, resulting in his conviction and a 30-year sentence. The other defendants got much lighter prison terms because most of them cooperated with the government.
Ochoa’s name has faded from popular memory as Mexican drug traffickers take center stage in the global drug trade.
But the former member of the Medellin cartel was recently depicted in the Netflix series Griselda, where he first fights the plucky businesswoman Griselda Blanco for control of Miami’s cocaine market, and then makes an alliance with the drug trafficker, played by Sofia Vergara.
Ochoa is also depicted in the Netflix series Narcos, as the youngest son of an elite Medellin family that is into ranching and horse breeding and cuts a sharp contrast with Escobar, who came from more humble roots.
Richard Gregorie, a retired assistant US attorney who was on the prosecution team that convicted Ochoa, said authorities were never able to seize all of the Ochoa family’s illicit drug proceeds and he expects that the former mafia boss will have a welcome return home.
“He won’t be retiring a poor man, that’s for sure,” Gregorie told The Associated Press earlier this month.