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South korea has the world’s lowest fertility rate, at 0.72 births per woman in 2023 South korea’s fertility rate has increased for the first time since 2015, offering a glimmer of hope amid the country’s deepening demographic crisis. That means, barring some change, korea’s consumer market is shrinking.
The main cause of south korea's aging is low fertility [citation needed] low birth rates have discouraged. Decreased fertility rates tend to be caused by lower marriage rates, more delayed marriages, and increased age of parents
The projected fertility rate of south korea is set to rise in 2024, marking the first increase in nearly a decade in a country grappling with an ageing society and low birth rates
The total fertility rate (tfr) has plummeted over the decades and researchers say that if current trends continue, the country's population will be cut almost in half by the end of the century Population, fertility rate and net reproduction rate, united nations estimates in the past 20 years, south korea has recorded some of the lowest fertility and marriage levels in the world As of 2020, it is the country with the world's lowest total fertility rate—0.84 Seoul has a tfr of 0.64, probably the lowest level anywhere in the world
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