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Among OECD countries, Korea was the only country whose fertility rate declined below 1. [10] The number of newborn babies declined 8.6% from 2017 to 2018, becoming the lowest birth rate for South Korea. [10] In 2022, the fertility rate declined further to 0.81. [11] Sejong City is the only area where the population is expected to increase. [12]
Due to this criterion, the table does not include such countries as Monaco (LE 86.37 years, population 39,000), San Marino (LE 85.71 years, population 34,000), and Saint Barthélemy (LE 84.29 years, population 11,000). The values are rounded, all calculations were done on raw data. These values are used to calculate the Human Development Index.
It is the only index associated with the age distribution of a population. [1] Currently, the median age ranges from a low of about 18 or less in most Least Developed countries to 40 or more in most European countries, Canada, Cuba, Hong Kong, Japan, South Korea, Taiwan, and Thailand.
Estimation of the World Bank Group for 2022. [2] [3] [4] The data is filtered according to the list of countries in Asia.The values in the World Bank Group tables are rounded
The replacement fertility rate is 2.1 births per female for most developed countries (in the United Kingdom, for example), but can be as high as 3.5 in undeveloped countries because of higher mortality rates, especially child mortality. [9]
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The mean age at childbearing indicates the age of a woman at their childbearing events, if women were subject throughout their lives to the age-specific fertility rates observed in that given year. [1] In countries with very high fertility rates women can have their first child at a much younger age than the mean age at childbearing.
In February 2019, the Korean TFR fell to 0.98, well below the replacement level of 2.1 births. South Korea is now the fastest aging developed country in the world. The Korean government (and their failing actions against the birth rate issue) and the worsening economic environment for young people are blamed as the main cause. [21]