Fertility rates fell again in both countries last year despite billions spent on a raft of measures to encourage marriage and child-rearing.
Japan and South Korea continue to pour funding into programs they hope will stabilize their falling fertility rates, with one demographer telling Newsweek he believes it's too late to avert a population crisis.Despite hundreds of billions of dollars in government spending, South Korea saw its fertility rate, or average number of births expected per woman in her lifetime, drop for the fourth consecutive year in 2023—from 0.78 to 0.72 births in 2022.
Meanwhile, Yi pointed out South Korea ranks higher in several categories that correlate negatively with fertility, including educational attainment.South Korea had a higher education enrollment rate of 76 percent last year compared with Japan's approximately 61 percent. Japanese women also give birth to their first child at 31 years old on average versus 33.6 in South Korea, one of the highest in the world.Another factor inversely correlated with fertility is urban density.
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