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South Korea will establish ministry to address low birth rate, Yoon says

  • Yoon Suk Yeol proposes a new ministry for South Korea's low birthrate, aiming to counter the impending demographic crisis.
  • Despite costly efforts to boost birth rates, South Korea faced a record low in births last year, with significant challenges due to the country's low birth rates.
  • South Korea's fertility rate dropped to 0.72 in 2023, well below the replacement rate, leading to concerns about a drastic population decline by 2100.
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The fertility rate fell to 0.72 children per woman, the lowest level ever recorded in Korea

·France
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South Korea's president proposes creating a ministry to combat low birthrate in the country. Asian country has the lowest number of newborns since the 70s.

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  • 45% of the sources lean Right
45% Right

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Barron's broke the news in New York, United States on Thursday, May 9, 2024.
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