As a result, people living in rural areas have higher suicide rates.ДЄlthough lower than the rate for the elderly, grade school and college students in Korea have a higher than average suicide rate. As people age, certain sociopsychological factors such as income decline due to retirement, increased medical costs, physical deterioration or disabilities, loss of spouse or friends and no sense of purpose increases the risk of suicide Many impoverished elderly people kill themselves as to not be a burden on their families, since the South Korean welfare system is poorly funded and the tradition of children caring for their parents in old age has largely disappeared in the 21st century. AgeДЄn extremely high suicide rate among the elderly is a major contributing factor to South Korea's overall suicide rate. Suicide rate by gender and age in South Korea 2012, per 100,000 people The poverty rate of elderly people in South Korea is the highest among the OECD countries. Statistics Suicide is the biggest cause of death to those in their 10s, 20s and 30s. However, proactive government efforts to decrease the rate have shown effectiveness in 2014, when there were 27.3 suicides per 100,000 people, a 4.1% decline from the previous year (28.5 people) and the lowest in six years since 2008's 26.0 people. Suicide is the number one cause of death among South Koreans aged 10 to 39. Age discrimination also directly correlates to suicide, on top of influencing poverty rates. This is due to extremely high rates of elderly discrimination, especially when applying for jobs, with 85.7% of those in their 50s experiencing discrimination. As a result, people living in rural areas tend to have higher suicide rates. Combined with a poorly-funded social safety net for the elderly, this can result in them committing suicide not to be a financial burden on their families, since the old social structure where children looked after their parents has largely disappeared in the 21st century. One factor of suicide among elderly South Koreans is due to the amount of widespread poverty among senior citizens in South Korea, with nearly half of the country's elderly population living below the poverty line. The high suicide rates compared to other countries in the developed world is exacerbated by the large amount of suicide among the elderly.

In 2012, suicide was the fourth-highest cause of death among South Koreans. South Korea has the highest suicide rate in the OECD. Suicide in South Korea occurs at the 12th highest rate in the world. Peeter VГ¤rnik claims India China, Russia, United States, Japan, and South Korea are the biggest contributors to the absolute number of suicides in the world. South Korea's suicide rate per 100,000 people compared to other countries, according to the World Health Organization, Geneva.

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