The world's lowest birth rate in South Korea has fallen again
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South Korea's birth rate fell to an all-time low last year, data showed on Wednesday, another sad development for the country with the world's lowest number of expected children per year.
The average number of expected children per South Korean woman over her entire reproductive life has dropped to 0.78 in 2022 from 0.81 a year earlier, according to official annual data from Statistics Korea.
This is the lowest among the countries of the Organization for Economic Co-operation and Development (OECD), where the average was 1.59 in 2020, and well below the birth rate in the United States (1.64) and Japan (1.33). ) in the same year.
The government failed to reverse the decline in the birth rate, looking at spending billions of dollars annually on childcare subsidies.
As of 2020, South Korea was the only OECD country with a score below 1, resulting in a declining population.
< br /> In South Korea, marriage is considered a necessary condition for having children, but the number of marriages in the country is also declining due to sky-high spending on housing and education.
The capital city of Seoul has the lowest birth rate in the country – 0.59.
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