In South Korea, world's lowest fertility rate plunges again in 2023

February 28, 2024

South Korea's fertility rate, already the world's lowest, continued its dramatic decline in 2023, as women concerned about their career advancement and the financial cost of raising children decided to delay childbirth or to not have babies. South Korea has previously projected its fertility rate is likely to fall further to 0.68 in 2024. The capital Seoul, which has the country's highest housing costs, had the lowest fertility rate of 0.55 last year. Being married is seen as a prerequisite to having children in South Korea, but marriages are also declining in the country. Japan's fertility rate hit a record low of 1.26 in 2022, while China recorded 1.09, also a record low.

The source of this news is from Tuoi Tre News

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