South Korea is facing a population crisis as many couples do not have children.

The declining population has created many problems in South Korea as many couples avoid getting married or having children. The country’s total fertility rate (the average number of children born to each woman of reproductive age) was 0.81 last year, the lowest in the world for the third consecutive year, South Korea’s statistics agency announced […]
 


South Korea is facing a population crisis as many couples do not have children.

The declining population has created many problems in South Korea as many couples avoid getting married or having children. The country’s total fertility rate (the average number of children born to each woman of reproductive age) was 0.81 last year, the lowest in the world for the third consecutive year, South Korea’s statistics agency announced in September this year. South Korea, the world’s 10th largest economy, recorded its first population decline in 2021.

Population decline has created serious problems like labor shortage and reduction in the number of tax payers. Apart from this, the increase in the number of elderly has also increased the expenditure on various government schemes for their welfare. South Korean President Yoon Suk Yeol has called for effective measures to address the problem of population decline. He said that although South Korea has spent 280 million won (about $210 billion) over the past 16 years to increase the population, there has been no result. Many incentives are given to couples having more than two children, help is also given through various schemes, but the fertility rate is decreasing so fast that all these incentives and assistance are not showing any significant effect. At a government task force meeting last month, officials said comprehensive measures would soon be taken to address the challenges of the population crisis. Many South Korean couples say they don’t want family bonds like their parents or grandparents. He believes that raising children is a huge responsibility and requires a lot of sacrifice. There are some couples who do not want to get married.

Over the years, there has been a sharp decline in marriage, birth rates

According to South Korea’s National Statistics Agency, the country had the highest number of marriages in 1996 at 4.30 lakh, compared to just 1.93 lakh the previous year. The highest number of one million births in the country in 1971 declined to 6,91,200 in 1996, from only 2,60,600 the previous year. South Korea conducted various population control programs until the mid-1990s. Free contraceptives were distributed at public medical centers and men who underwent vasectomy were exempted from military reserve training. According to UN statistics, in the 1950s and 1960s, South Korean women gave birth to an average of 4–6 children, up from 3–4 children in the 1970s and two children in the 1980s.