South Korea Sees Rare Birthrate Increase Amid Aging Crisis
South Korea has reported a rare rise in its birthrate, with 242,334 babies born in 2024—a 3.1% increase compared to the previous year. This marks the first growth in nearly a decade, following years of alarmingly low fertility rates, including a global low of 0.72 births per woman in 2023, as reported by Reuters.
Marriage Trends and Cultural Norms
One significant factor behind the birthrate increase is a 13.5% surge in marriages in 2023. Pandemic-related delays played a role in this rise, as many couples postponed their weddings during COVID-19 restrictions. In South Korea, marriage traditionally precedes childbirth, and cultural norms still heavily associate family planning with wedlock.
However, public attitudes are slowly evolving. According to Reuters, societal opposition to having children outside of marriage has declined compared to a decade ago. While these shifts may not yet significantly influence birthrates, they reflect a gradual cultural transformation.
Government Policies Driving Change
Policy reforms aimed at addressing South Korea’s demographic challenges have also contributed to the uptick. The government expanded financial support for parents in 2024, including:
- Raising the monthly parental leave payment cap to 2.5 million won ($1,700).
- Introducing a one-time tax cut of 500,000 won for each newlywed individual.
These measures are part of a broader initiative to combat what officials call a “national demographic crisis.”
Persistent Challenges
Despite the positive trend, South Korea faces significant demographic challenges. In 2024, the country recorded 360,757 deaths, resulting in a continued population decline for the fifth consecutive year. Additionally, South Korea is now categorized as a “super-aged society,” with 20% of its population aged 65 or older. The nation’s average age has risen to 45.3 years, further highlighting its aging population.
Looking Ahead
While the birthrate increase offers a rare sign of hope, it is only a small step toward addressing South Korea’s demographic crisis. The country must continue implementing and expanding policies to encourage family growth and support its aging population. Without sustained and innovative efforts, the long-term impact of decades of low fertility may be difficult to reverse.
