Signal Korea's relative poverty rate for people aged 66 and over is the highest in the OECD

Summary

KISTEP reports that the relative poverty rate of Korea's retirement-age population aged 66 and over has been on a rising trend. As of 2023, this rate reached the highest level among OECD member countries. The figure is presented right after the report describes the rapid and compressed ageing that followed Korea's arrival as a super-aged society in December 2024. The report uses it to show that ageing is creating structural economic strain, not merely a larger elderly population. It motivates the agenda's emphasis on enabling older people to sustain economic and social activity and on building the silver industry at the same time.