In 2023, the density of nurses and midwives in South Korea was at 9.31 persons per thousand persons. This figure is set to increase steadily based on forecasted data for the next five years. By 2024, the density is expected to rise to 9.55, marking a year-on-year growth of 2.58% from 2023. The upward trend continues through the subsequent years with the density reaching 9.81 in 2025, 10.07 in 2026, 10.33 in 2027, and 10.59 in 2028. Over this five-year period, the compound annual growth rate (CAGR) is approximately 2.63%, indicating a consistent and stable increase in the availability of nursing and midwifery professionals per thousand persons.

Future trends to watch for:

Changes in healthcare policies that may impact the recruitment and training of nurses and midwives.
Technological advancements in healthcare that could affect the demand for nursing professionals.
Population aging and its implications on the healthcare workforce requirements.
Economic factors influencing budget allocations for healthcare and education systems.