'De-Seoulization' critical to tackling low birthrate: BOK, Statistics Korea

'De-Seoulization' critical to tackling low birthrate: BOK, Statistics Korea

Korea should promote decentralization, granting fiscal and policy autonomy to municipalities with populations between 5 million and 10 million to enhance economic growth and administrative efficiency, according to the country’s central bank and statistics agency, Wednesday.

Birth rates in the world are still declining: last year there was a fall of 0.94% compared to 2023: the figure indicated 17.2 births per 1,000 people. Taiwan, South Korea and Singapore are the countries with the lowest birth rates per woman, with only 1.1, 1.1 and 1.2 children per fertile person, according to Statista data. The world, according to the figures of the site, has a birth rate of 2.3 percent. Other regions such as Ukraine, Hong Kong …