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Liang Jianzhao: How much will South Korea’s fertility rate rebound and cash subsidies for childbirth really help?
Ahead of World Population Day, let’s take a look at a demographic development that’s worth paying attention to: South Korea, the country with the lowest global fertility rate, has seen its fertility rate rise for two consecutive years in 2024 and 2025, and this year it continues to show an upward trend. Let’s start by looking at the specific data.
South Korea’s fertility rate saw a long decline before bottoming out and rebounding
On June 24, a report released by South Korea’s National Statistics Office showed that the number of babies born in South Korea in April was 24.52k, up 18% year on year. The report said that since July 2024, South Korea’s number of births has been growing for 22 consecutive months. The total number of births from January to April 2026 was 99.53k, the highest figure for the same period in any year since 2019, with a year-on-year increase of 15.5%. In April, the total fertility rate (TFR) was 0.93, up 0.13 year on year.
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