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the latest statistics once again sounded the population alarm in south korea.

the latest data released by the korea national statistical office shows that the number of newborns in south korea in 2023 was 230,000, the lowest level since the country began statistics in 1970. also hitting a new low was south korea's total fertility rate in 2023, which was 0.72. among them, the total fertility rate in the capital seoul was only 0.55.

according to the united nations definition, in the absence of immigration, the total fertility rate must reach at least 2.1 to maintain the level of generational replacement. in the annual statistics of the united nations population fund, south korea's total fertility rate has been ranked last among major countries for many years since 2021.

what does the bank of korea think?

according to xinhua news agency, in recent years, the phenomenon of late marriage and non-marriage has gradually increased in south korean society, and the number of newborns has continued to decrease. in 2017, the number of newborns in south korea fell below the 400,000 mark for the first time, and fell below 300,000 in 2020. in 2022, the number of newborns in south korea was 249,000, and the total fertility rate was 0.78, both of which were the lowest values ​​since south korea had relevant records.

the data for the first quarter of this year is not optimistic, with only 60,000 births, a record low. in this regard, korean scholar kim yun-jun told the first financial reporter that since the number of births is usually higher at the beginning of the year and gradually decreases towards the end of the year, he expects that the birth rate in south korea is likely to drop further in the remaining quarters of this year. some korean experts also believe that the number of newborns in south korea will soon drop below 200,000 for the whole year.