Domestic Population Movement in May Down 2.2%... Declining for 5 Consecutive Months

Statistics Korea Announces 'May Domestic Population Movement Statistics'... Seoul Experiences Net Population Outflow for 15 Consecutive Months

[Sejong=Asia Economy Reporter Moon Chaeseok] Last month, domestic population movement in South Korea decreased compared to May of the previous year. After a year-long increase last year, it has been declining for five consecutive months this year. The population of Seoul has been decreasing for 1 year and 3 months, according to the survey.

According to the 'May 2021 Domestic Population Movement Statistics' released by Statistics Korea on the 23rd, the number of movers last month was 557,000, a 2.2% decrease compared to May of the previous year.

The population movement rate, which refers to the number of movers per 100 people, was 12.8%, down 0.3 percentage points. Among the total movers, 67.9% moved within the same province, and 32.1% moved between provinces.

The number of movers also showed a declining trend. The number of movers was 557,000, down 2.2% compared to the same month last year, marking the fifth consecutive month of decline following January (-2.2%), February (-9.6%), March (-4.0%), and April (-3.4%). From February (11.1%) to December (11.1%) last year, except for May (-0.0%), the trend was steadily increasing before switching to a decline.

By province, nine provinces including Gyeonggi (9,322 people), Gyeongbuk (1,327 people), and Chungnam (1,253 people) experienced net inflow, while eight provinces including Seoul (-8,309 people), Daegu (-2,391 people), and Busan (-1,525 people) experienced net outflow. In particular, Seoul's population has been declining for 15 consecutive months since March last year.

This content was produced with the assistance of AI translation services.