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South Korea’s Birth Rate Falls To All-Time Low

Individuals wait in a line to purchase face masks at a retail retailer within the southeastern metropolis of Daegu on February 25, 2020. South Korea reported 60 extra COVID-19 coronavirus instances on February 25, the smallest improve for 4 days within the Korea Facilities for Illness Management and Prevention’s morning updates. The nation now has 893 instances.
Jung Yeon-je / AFP

 

South Korea’s delivery fee hit a brand new low Wednesday as authorities introduced barely 300,000 infants have been born final yr within the nation of 51 million individuals.

The nation has one of many world’s longest life expectations and one in all its lowest birth-rates, a mixture that presents a looming demographic catastrophe.

A complete of 303,100 infants have been born in 2019, Statistics Korea mentioned, down 7.three p.c from the earlier yr.

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The nation’s fertility fee — the variety of youngsters a girl is anticipated to have in her lifetime — dropped to zero.92, the second consecutive yr it was below one, and much beneath the two.1 wanted to maintain a inhabitants secure.

South Korean ladies have more and more rejected motherhood within the face of heavy childcare burdens and related profession setbacks in a rustic the place a thick glass ceiling nonetheless endures, together with conventional social values.

The federal government has spent greater than 180 trillion received ($148 billion) since 2006 to spice up delivery charges however the inhabitants is projected to fall to 39 million in 2067 when the median age shall be 62.

AFP

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