Why Does South Korea Have the Lowest Birth Rate in the World? @PulkitSharmaShow
In this video, we explore why South Korea has the world's lowest birth rate. As of 2023, the average number of expected births per woman in South Korea has dropped to just 0.72, far below the 2.1 needed to maintain a stable population.
Many South Koreans are choosing to delay having children or opting not to have them at all. Despite the government investing billions in initiatives like cash subsidies and childcare support, these measures have not been enough to encourage families to grow.
Several factors contribute to this trend. High costs associated with raising children, a competitive job market, and a patriarchal culture all play significant roles in people's decisions about starting families. Additionally, the gender pay gap adds further challenges for potential parents.
Experts warn that if this trend continues, South Korea could face severe demographic issues in the coming decades, including a significant decline in the working-age population and an increase in elderly citizens. Politicians have even declared a national emergency over this issue, as some predict that South Korea may be the first country to face population extinction if these low birth rates persist.
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