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fortune.com
South Korea's fertility rate was the lowest in the world at 0.72 as of 2023, well below the 2.1 figure needed to maintain a stable population.
Sales of strollers for dogs outpaced sales of strollers for babies in South Korea in 2023, according to data from Korean e-commerce platform Gmarket.
Households with pets in South Korea rose from 3.5 million to 6 million from 2012 to 2023, according to Korea’s Ministry of Agriculture, Food, and Rural Affairs.
South Korea President Yoon Suk Yeol declared the low birth rate a 'demographic national emergency' due to its long-term economic ramifications.
South Korean women cited financial and cultural barriers, including career consequences for taking time off from work, as reasons for not having children.