World News@lemmy.worldEnglish · 11 months ago

South Korea Expects Its Already-World’s-Lowest Fertility Rate to Keep Falling

time.com

cross-posted to:
korea@lemmy.funami.tech

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South Korea Expects Its Already-World’s-Lowest Fertility Rate to Keep Falling

time.com

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World News@lemmy.worldEnglish · 11 months ago

cross-posted to:
korea@lemmy.funami.tech

South Korea’s World-Lowest Fertility Rate Set to Fall Further

time.com

Low fertility threatens to undermine South Korea’s economic future by shrinking its workforce and slowing consumption.

The latest forecast by Statistics Korea puts the population in 2072 at 36.2 million, a 30% decline from the current 51.7 million, even though the fertility rate may recover a bit to 0.68 in 2026. The population is expected to fall every year starting in 2025.

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