Seoul— South Korea's overall birth rate hit a record low of 0.72 in 2023, and with that figure projected to fall even further in 2024, some Korean businesses have started offering remarkably generous incentives to convince their workers to become parents. "The declining fertility rate lead...
It's been 10 years since South Korea's fertility rate, the number of babies born to a woman in her reproductive years, went down to below 1.1. The latest figure stands at 0.78, and further decline is forecast in the short term, to 0.7, according to Statistics Korea. This couple is pr...
BIRTH rateCHILDBEARING ageMARRIED womenAGE groupsKOREANSMARRIAGEWhile other countries have experienced a gradual decline in CBR since the 1990s, South Korea has shown a rapid decline and now has one of the lowest rates in the world. To identify what drives the decline of CBR, we apply a ...
Due to the rapidly declining birthrate, South Korea’s population took a downward turn for the first time in 2020. In 2021, the population fell by about 57,300 from the previous year. The South Korean government, under President Moon Jae-in, established measures at the end of 2020 to dea...
“Considering economic constraints and budget limitations, we need to focus more on supporting work-life balance, which is perceived as the most effective measure for boosting the birth rate,” said Hong Sok-chul, a professor at Seoul National University. The president of the KDI, Cho Dong-chul...
As of 2023, the country had the second-highest life expectancy in the world, while also reporting the lowest fertility rate globally. Following the Korean War (1950-1953), the population experienced rapid growth until the 1990s. However, in recent years, the growth rate has slowed down, ...
june 30, 2020, at 4:00 a.m. save comment more south korean birth rate world's lowest in struggle for balance: report more reuters file photo: women attend a protest as a part of the #metoo movement on international women's day in seoul, south korea, march 8, 2018. re...
Factors contributing to low birth rates in South Korea One major element is the societal change in attitudes toward childbirth. In a survey, half of South Korean respondents asserted that marriages can be happy without children, and a sizeable share also stated that having children was dependent ...
Since 2018, South Korea has been the only member of the Organization for Economic Co-Operation and Development (OECD) to have a rate below 1. The South Korean government has made it a national priority to reverse the falling birth rate and in December promised to come up with “extraordinary...
1980s and has continued to decline even more recently. In 2018, South Korean women gave birth to fewer than one child per woman, which fell to 0.8 following the pandemic. Based on provisional data for the second and...