Preliminary data show that South Korea’s fertility rate has increased for the first time in nine years in 2024 and, supported by increased marriages, showed on Wednesday that it suggests that the country’s population crisis may have turned.
According to statistics from South Korea, the country’s fertility rate is 0.75 in the average number of babies a woman has during reproductive life.
In 2023, the birth rate dropped to 0.72 for the eighth consecutive year, the lowest in the world. From 1.24 in 2015, it has caused people to worry about social and economic shocks, and this rapid speed has caused people to have economic shocks on society.
South Korea has been the sole member of the Organization for Economic Cooperation and Development (OECD) since 2018, with a exchange rate below 1.
South Korea has taken various measures to encourage young people to get married and have children.
“Social values have changed, with more positive views on marriage and childbirth,” said Park Hyun-jung, an official at the South Korean Bureau of Statistics, and the pandemic delays.
“It’s hard to measure how much each factor promotes new growth, but they themselves also influence each other,” Parker said.
Marriage is a leading indicator of newborns, growing 14.9% in 2024, the biggest peak since its release began in 1970. Marriage first appeared in 11 in 2023, and then the popularity increased by 1.0% by 1.0%.
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In Asian countries, there is a high correlation between marriage and birth, with a time lag of one or two years, as marriage is often regarded as a prerequisite for having children.
Nationally, the birth rate last year was the lowest in the capital Seoul, at 0.58.
The latest data shows that 120,000 more people died last year than newborns, which is the fifth consecutive year that the population has naturally shrunk. The administrative city of Sejong is the only major center of population growth.
According to the latest forecast from the Bureau of Statistics, South Korea’s population will peak by 51.83 million by 2020, and is expected to be by 2072.
