Data released by Statistics Korea on Nov. 29 showed that South Korea's total fertility rate in the third quarter was 0.7., down 0. year-on-year1. A record low. At the same time, the data also showed that South Korea's population has been declining for 47 consecutive months since November 2019. The New York Times published an article titled "Is South Korea Disappearing?".Even if it is optimistically estimated, South Korea's population will plummet to less than 35 million by the end of the 60s of the 21st century, a decline that may be enough to push South Korean society into a crisis situation.
The incident has attracted widespread attention and heated discussions on the Internet. Concerns about South Korea's demographic problems have been raised, and the causes and possible solutions have been discussed. Many people expressed alarm at South Korea's declining population trend and paid attention and thought about its impact. Some see this as a warning that other countries should also take population issues seriously. On social media, this topic has sparked a lot of discussion and comments.
In East Asia, fertility rates are declining in countries such as Japan and China, and population aging is widespread. However, the demographic crisis in South Korea is more severe than in other countries. Even in Japan, where the population is aging, the total fertility rate in 2022 is still 126, and South Korea's total fertility rate is already the lowest among the world's major economies. This underscores the severity of South Korea's demographic crisis.
Demographic issues plague South Korean society. South Korea's total population has been declining for three consecutive years, and the country is rapidly entering a deep aging society, with rising female childbearing ages and a sharp decline in the number of marriages, all of which have brought many challenges and problems to society. The decline in South Korea's labor force will have an impact on the economy, and the decline in the youth population will also affect the vitality of the consumer market. In addition, the demographic crisis could have an immeasurable impact on South Korea's economic development.
There is no mention of an update on the incident. However, given the urgency of the issue and the level of coverage, it can be expected that South Korea** and relevant agencies will step up their efforts to address the demographic crisis.
The demographic crisis has seriously affected the sustainable development of South Korea's society and economy. Declining populations, ageing populations and declining fertility rates pose challenges to the labour market, the consumer market and the economy as a whole. Solving this problem requires the joint efforts of society, society and individuals to adopt effective policies and measures to encourage childbearing and support family development.