Tag: birth rate

South Korea’s Birth Rate Hitting A New Low In 2024
Global

South Korea’s Birth Rate Hitting A New Low In 2024

South Korea's birth rate has indeed fallen to an all-time low. It continued to decline in 2023, reaching a rate of 0.65 for the fourth quarter and 0.72 for the entire year. This means, on average, 100 women in South Korea are only giving birth to 65 children, which is a significant drop and raises concerns about the country's aging population. South Korea's already-low birth rate has sunk to a new record low, according to data released by Statistics Korea. The total fertility rate, which represents the average number of children a woman has in her lifetime, fell to 0.65 in the fourth quarter of 2023 and 0.72 for the entire year. This means that on average, 100 women in South Korea are only giving birth to 65 children, far below the 2.1 needed to maintain a stable population level. T...