In a plot twist worthy of a K-drama cliffhanger, South Korea just recorded its first annual birth rate increase since 2015 . New data shows a slight uptick in 2024, sparking cautious optimism in a country that’s spent years battling one of the world’s lowest fertility rates.
For context: South Korea’s birth rate had been falling faster than a rookie K-pop trainee’s confidence, dropping to a record low of 0.78 births per woman in 2022. The new figures – while still below replacement level – are being called a ‘baby step in the right direction’ by demographic analysts.
Why it matters: This reversal could reshape everything from pension systems to classroom sizes. But experts warn it’s too early to call it a full rebound. 'It’s like seeing green shoots after a long winter,' said Seoul National University demographics researcher Dr. Ji-hyun Park. 'But we need sustained growth to rebuild our demographic ecosystem.'
For our global crew: This Asian trend-buster comes as countries from Japan to Italy struggle with aging populations. Could SK’s policies – including extended parental leave and housing subsidies – become a blueprint? Stay tuned!
Reference(s):
Asia News Wrap: South Korean birth rate set to rise, and more
cgtn.com