|Title||National Transfer Accounts in 2016|
1. Life cycle deficit
□ In 2016, the macro control of life cycle deficit recorded 110.3 trillion won, down 1.6% from 2015.
□ As for per capita life cycle deficit, persons aged 16 showed the highest figure of 28.67 million won. As for per capita life
cycle deficit, persons aged 41 showed the lowest figure of -14.35 million won.
□ As for per capita public consumption, persons aged 11 recorded the highest figure of 13.09 million won. As for per
capita labour income, persons aged 41 recorded the highest figure of 32.09 million won.
2. Age reallocations
□ Children recorded net inflows of 130.6 trillion won. The working ages recorded net outflows of 112.7 trillion won. The
elderly recorded net inflows of 92.4 trillion won.
□ Per capita public transfers recorded net inflows for ‘persons aged 0 to 22’ and ‘persons aged 61 or more’. On the other
hand, per capita public transfers recorded net outflows for ‘persons aged 23 to 60’.
□ As for per capita private transfers, persons aged 16 recorded the highest net inflows of 18.72 million won, and persons
aged 45 recorded the highest net outflows of 1.104 million won.
□ 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.