low birth rate in South Korea Archives

Portion of Youth Population, Lowest Level Ever

SEJONG, July 8 (Korea Bizwire) – The proportion of young people to the total population in South Korea dropped to the lowest level ever in 2015, affected by the country’s chronically low birthrate, government data showed Wednesday. According to the data by Statistics Korea, the number of people under age 14 accounted for 13.9 percent of the total population, down from 14.3 percent the year before and 21.1 percent in 2000. It marks the lowest percentage ever [...]

South Korea’s Public Pension Fund Considers Loan for Wedding Expenses

SEOUL, Feb. 15 (Korea Bizwire) – South Korea’s national pension service is considering lending money to singles who delay or are reluctant to tie the knot because of wedding costs as a way to promote marriage and help raise chronically low birth rates, officials said Sunday. South Korea is faced with mounting demographic problems as [...]