After nearly a decade of declining birth rates, South Korea experienced a notable 3.6% increase in newborns in 2024, with 238,300 babies born. This uptick, however, is viewed cautiously by analysts, acknowledging underlying issues such as low fertility rates and socioeconomic factors. Despite a slight rise in the total fertility rate from 0.72 to 0.75, it's still significantly below the 2.1 benchmark necessary for population stability. Additionally, the increase in newborns correlates with a notable rise in marriages, indicating potential shifts in societal trends influenced by government policies.
South Korea's population crisis is just beginning. With a total fertility rate that is still below 1.0, the situation is becoming increasingly severe... fewer people will choose to have children in the future.
The rise in newborns in 2024 coincided with a sharp increase in weddings, with the number of marriages leaping 14.9%, the biggest increase since comparable statistics were first collated in 1970.
The rebound is an important step in reversing the long-standing trend of the country's low birthrates, which suggests that government policies have started to make a difference.
Despite the uptick in births, South Korea's total fertility rate is still short of the rate of 2.1 children per woman needed for stable population maintenance.
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