statistics office: A country needs a fertility rate of about 2.1 a little more than one child per parent to maintain long-term population stability, according to The Japan Times. South Korea's fertility is now about half that number. But as the country developed, this number dropped decade by decade. And it's still falling. Although the country's population has been rising due to higher birthrates in earlier generations an effect known as population momentum this is set to reverse as early as next year. The country's statistics office reported that in 2018 the fertility rate fell to a record low of 0.98 much lower even than in countries such as Japan, whose rate is above 1.4. ; This means that South Korea is headed for a demographic crash.
(news.financializer.com). As
reported in the news.
Tagged under statistics office, rate topics.