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South Korea's birth rate rises for first time in nine years

  • South Korea's birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the COVID-19 pandemic.
  • The number of newborns between January 2024 and November 2024 rose 3 percent from a year earlier to 220,094, monthly government data showed on Wednesday.
  • Marriages in South Korea rose 13.5 percent to 199,903, marking the biggest annual increase since 1980, as couples postponed weddings during the pandemic.
  • Last year, South Korea implemented various measures to encourage marriages and births, including a one-time tax cut of 500,000 won per person for couples married between 2024 and 2026.
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