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Title	National Transfer Accounts in 2019
Date	2021-11-25
1. Life cycle deficit □ In 2019, the macro control of life cycle deficit totaled 132.9 trillion won, rising by 2.3% from 2018. □ As for per capita life cycle deficit, people aged 17 showed the highest figure of 34.37 million won. As for per capita life cycle deficit, people aged 44 showed the lowest figure of -15.94 million won. □ As for per capita consumption, people aged 17 recorded the highest figure of 34.62 million won. As for per capita labour income, people aged 41 recorded the highest figure of 36.38 million won. 2. Age reallocations □ Regarding age reallocations, children recorded net inflows of 147.5 trillion won. The working-age population recorded net outflows of 131.7 trillion won. The elderly recorded net inflows of 117.1 trillion won. □ Regarding per capita public transfers, children recorded the highest net inflows. On the other hand, people aged 40~49 showed the highest net outflows. □ Regarding per capita private transfers, children showed net inflows. □ Per capita public asset-based reallocations recorded net outflows in all age groups. Per capita private asset-based reallocations recorded net inflows in most of the age groups. ※ For more information, refer to the attached file.
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