Statistics Korea

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Title	National Transfer Accounts in 2017
Date	2020-12-07
1. Life cycle deficit □ In 2017, the macro control of life cycle deficit recorded 118.2 trillion won, rising by 7.1% from 2016. □ As for per capita life cycle deficit, persons aged 16 showed the highest figure of 32.15 million won. As for per capita life cycle deficit, persons aged 45 showed the lowest figure of -14.84 million won. □ As for per capita consumption, persons aged 16 recorded the highest figure of 32.15 million won. As for per capita labour income, persons aged 45 recorded the highest figure of 33.54 million won. 2. Age reallocations □ Regarding age reallocations, children recorded net inflows of 135.7 trillion won. The working-age population recorded net outflows of 112.1 trillion won. The elderly recorded net inflows of 94.6 trillion won. □ As for per capita public transfers, the elderly showed the highest net inflows of. On the other hand, persons aged 40 to 49 showed the highest net outflows. □ As for per capita private transfers, children showed net inflows. □ Per capita public asset-based reallocations recorded net outflows for all age groups. Per capita private asset-based reallocations recorded net inflows for most of age groups. ※ For more information, refer to the attached file.
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