• Latest
  • Trending
  • All
  • Lifestyle & Entertainment
South Korea once again has the world’s lowest fertility rate

South Korea once again has the world’s lowest fertility rate

August 25, 2022
couple love sitting evening

The Growing Popularity of Web Series: A New Era of Entertainment

May 29, 2023
couple sitting on the bed working

Top 5 Netflix Movies to Watch with Your Girlfriend: Perfect Romantic Escapes

May 29, 2023
bionic hand and human hand finger pointing

Harnessing the Power of Generative AI: Unleashing Creative Potential

May 28, 2023
man and woman sitting on a couch in front of a television

Top 5 Netflix Web Series of All Time: Binge-Worthy Entertainment at Its Finest

May 27, 2023
Mariam Elhouli : The Power of Personal Branding: Attention as the New Commodity in 2023

Mariam Elhouli : The Power of Personal Branding: Attention as the New Commodity in 2023

May 27, 2023
Unleashing Success: Harnessing the Power of James Edwards, an Award-Winning Career and Mindset Transformation Coach.

Unleashing Success: Harnessing the Power of James Edwards, an Award-Winning Career and Mindset Transformation Coach.

May 27, 2023
Exploring the Evolution of The Flash: From Comic Book Hero to Movie Phenomenon

Exploring the Evolution of The Flash: From Comic Book Hero to Movie Phenomenon

May 27, 2023
Why I Finally Niched My Agency | Elyse Lupin

Why I Finally Niched My Agency | Elyse Lupin

May 26, 2023
Get Ready for a Whimsical Adventure as Margot Robbie Brings Barbie to Life on the Big Screen

Get Ready for a Whimsical Adventure as Margot Robbie Brings Barbie to Life on the Big Screen

May 26, 2023
From Humble Beginnings to Business Stardom: Tommie Mopia’s Rollicking Rise to Fame

From Humble Beginnings to Business Stardom: Tommie Mopia’s Rollicking Rise to Fame

May 25, 2023
XXX OnlyFans Model Demi Rose’s Shares Photo On Golden Bikini On Instagram Gone Viral!

XXX OnlyFans Model Demi Rose’s Shares Photo On Golden Bikini On Instagram Gone Viral!

May 25, 2023
The Healer: A Journey of Redemption, Healing, and Love

The Healer: A Journey of Redemption, Healing, and Love

May 25, 2023
Retail
Tuesday, May 30, 2023
Contact Us
  • Home
  • World
  • Business
  • Hollywood
  • Web Series
  • Bollywood
  • Korean
  • Sports
  • 30 Under 30
No Result
View All Result
The UBJ - United Business Journal
No Result
View All Result
Home News

South Korea once again has the world’s lowest fertility rate

by Shruti Kandwal
August 25, 2022
in News, World
0

South Korea has broken its own record for the world’s lowest fertility rate yet again, as it faces the prospect of its 51 million-person population more than halving by the end of the century. According to Bloomberg, based on 2021 data, Korean women are expected to have an average of 0.81 children over their lifetimes, down from 0.84 a year earlier, the statistics office said on Wednesday. The number of newborns fell to 260,600 last year, accounting for about 0.5% of the population.

In 2018, the nation’s rate fell below one child per woman for the first time. However, data released by the government on Wednesday revealed that the figure had fallen to 0.81, a three-point decline from the prior year and a sixth straight decline. In contrast, the average number of children per woman in the most developed nations is 1.6.
Countries require a 2.1 rate of births per couple in order to maintain a constant population size in the absence of immigration. According to the OECD (Organisation for Economic Co-operation and Development), fertility rates have “markedly declined” over the past 60 years.

YOU MAY ALSO LIKE

Amr Samaha: An Entrepreneur’s Innovative Approach to the Music Industry

Celebrities That Are Well-Known For Their Casino Games Skills

But in South Korea, where family sizes have shrunk over a few generations, the trend has been especially pronounced. Beginning in the 1970s, women typically had four children. A country can be put under tremendous strain by a declining population. A declining youth population also causes labour shortages that have an effect on the economy, in addition to increased pressure on public spending as demand for healthcare and pensions rises.
South Korea experienced its first instance of more deaths than births in 2020, which caused widespread concern. According to experts, people have recently prioritised financial constraints and professional considerations when deciding whether to have children.

A 2% decrease in the number of women of childbearing age to 11,620,000 last year indicates that the fertility rate will likely continue to decline. According to the statistics office, a typical Korean woman gave birth to her first child at age 32.6, up from 30.2 a decade earlier. In comparison to 33 a decade ago, her partner would now be 35.1 on average. According to the statistics office, the capital Seoul had the lowest fertility rate by region (0.63), while Sejong, the location of the government, had the highest (1.28). According to Bloomberg, the most populous province, Gyeonggi, recorded 0.85, which was closer to the average.

The population more than doubled in the decades following the 1950–1953 Korean War, and the government encouraged couples to have just one child in an effort to slow the baby boom during the early years of economic development. Around the turn of the century, that policy was abandoned as birth rates began to plummet sharply. As a result, the government began spending tens of billions of dollars annually to encourage more children, but so far, with little success.

Share this:

  • Twitter
  • Facebook

Related

Tags: South Korea

Related Posts

Amr Samaha: An Entrepreneur’s Innovative Approach to the Music Industry
News

Amr Samaha: An Entrepreneur’s Innovative Approach to the Music Industry

by Manish Singh
March 16, 2023
Celebrities That Are Well-Known For Their Casino Games Skills
World

Celebrities That Are Well-Known For Their Casino Games Skills

by The UBJ
March 15, 2023
The Misfits Boxing 005 Live Stream’s: Jay Swingler vs NichLmao: UK start time, Free TV channel,  MF & DAZN: X Series, Online Fight iInfo
World

The Misfits Boxing 005 Live Stream’s: Jay Swingler vs NichLmao: UK start time, Free TV channel,  MF & DAZN: X Series, Online Fight iInfo

by Pareesh Phulkar
March 4, 2023
Exploring the World of “Squid Game”
World

Exploring the World of “Squid Game”

by Akhilendra Sahu
March 3, 2023
The Last Of Us Director Playfully Teases Ellie With A Game Of Thrones Reference
World

The Last Of Us Director Playfully Teases Ellie With A Game Of Thrones Reference

by Mohammad Kashif
February 27, 2023
What name was given to the boy by Paris Hilton and Carter Reum?
Hollywood

What name was given to the boy by Paris Hilton and Carter Reum?

by Ananya Sarathe
February 23, 2023

Advertisement

Instagram

    Please install/update and activate JNews Instagram plugin.

Recent News

couple love sitting evening

The Growing Popularity of Web Series: A New Era of Entertainment

May 29, 2023
couple sitting on the bed working

Top 5 Netflix Movies to Watch with Your Girlfriend: Perfect Romantic Escapes

May 29, 2023

Categories

  • blog
  • Bollywood
  • bollywood
  • Business
  • Dating Tips
  • Featured
  • Hollywood
  • Horoscope
  • k-drama
  • Korean
  • Lifestyle & Entertainment
  • Movie
  • NBA
  • News
  • Pro Wrestling
  • Science & Technology
  • Sports
  • Technology
  • Web Series
  • World

Quick Contact

The UBJ Is content that is informative, entertaining, and relevant to its region. It offers news, sport, lifestyle, business & more

© 2022 The UBJ. All Right Reserved

  • About UBJ
  • Contact
  • Editorial Team
  • Privacy Policy
  • Disclaimer

No Result
View All Result
  • Home
  • World
  • Business
  • Hollywood
  • Web Series
  • Bollywood
  • Korean
  • Sports
  • 30 Under 30