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S. Korean low birth
The average number of expected babies for a South Korean woman on her reproductive life fell to a record low of 0.72 from 0.78 in the year 2022, data from the Statistics Korea showed.
Surprisingly, South Korea’s birthrate fell to a new record low in year 2023, despite billions of dollars being spent in schemes run by the government.
These plans were fully designed to persuade families to have more children. So already the world’s lowest number, its crisis in regard to the demography has deepened with the release of data showing surprising facts.
Its birthrate already the world’s lowest, factually fell to a new record low in 2023. That has certainly raised several pertinent questions.
Very approved reports hint that by far South Korea’s population had shrunk for the fourth straight year. It reportedly came soon after neighbouring country of Japan reported a record decline in its population in 2023.
There was also recorded a higher fall in the number of births and the lowest number of marriages since the end of the second world war.
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