South Korea's Rising Birth Rate in 2024
The birth rate in South Korea is set to rise in 2024 for the first time in nine years following an increase in marriages that were delayed due to the Covid-19 pandemic. The country has had the world's lowest fertility rates, but there was a 3% increase in newborns from January to November 2024 compared to the previous year.
Key Points
- South Korea's birth rate set to rise in 2024 after nine years of decline
- Marriages in 2023 increased after being postponed during the pandemic
- Government measures include financial support to encourage marriage and childbirth
Pros
- Increase in birth rate after years of decline
- Positive correlation between marriages and births
- Government measures to encourage marriage and childbirth
Cons
- Opposition to births outside marriage among some South Koreans