Also in several counties and cities, and some parts of Busan and Seoul the fertility rates have reached 0.30 children per woman (And still falling quickly nationwide). How bad and severe this is for SK?
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In no way is South Korea the only place where this is becoming an issue. The population growth rate has been declining world wide since the 1960s, back then the growth rate was +2.2% and now it’s down to +0.88%. This is including the aging population, where the median age has gone from 20-22 in the 1960s to now being 30+.
According to this website [https://www.worldometers.info/world-population/world-population-projections/](https://www.worldometers.info/world-population/world-population-projections/) projections show that we will reach a global population limit around 2086 with around 10.43 billion, before a slow and steady population decline. In fact, Europe is already in a declining population (a net change of -1,283,113) and that’s after taking in almost 800,000 migrants. South Korea is also on a decline, with a net population of -0.08% in 2024 currently.
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