South Korea breaks its own record for world’s lowest fertility rate

Daily Current Affairs / South Korea breaks its own record for world’s lowest fertility rate

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Category : International Published on: August 27 2022

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As per as novel report by Bloomberg South Korea breaks its own record for the world’s lowest fertility rate.
According to 2021 data, Korean women were estimated to have an average of just 0.81 children over their lifetimes, down from 0.84 a year earlier.
The number of newborns also dropped last year to 260,600 which is about 0.5 percent of the population.
According to United Nations global population projections and World Bank data, South Korea is one of the world’s fastest-ageing nations among economies with per-capita GDP of at least $30,000.