May 30, 2019 08:22
Korea's fertility rate continues to fall. Statistics Korea said on Wednesday that 27,100 births were recorded in March, down nearly 10 percent on-year and the lowest figure for March on record.
In the first quarter of this year, the number of newborn babies fell 7.6 percent from a year earlier to 83,100. The total fertility rate -- the total number of children born to a woman over her lifetime -- was 1.01 for the quarter, down from 1.07 on-year. For the whole of 2018, the rate was 0.98.
Korea has the lowest fertility rate out of 35 countries in the OECD. In fact, it is the only country with a rate below 1.
Experts say that for Korea to maintain its population at the current level of around 50 million, the fertility rate needs to be at least 2.1.
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