The government's pro-natalist policies introduced after 2005, including childcare subsidies and workplace reforms, briefly stabilized the fertility rate, such as the slight uptick to 1.3 in 2007. However, these measures failed to reverse the long-term trend, with the rate falling to 0.8 by 2020 as the economic and cultural barriers to childbearing remained significant.
For a deeper dive into the topic, explore South Korea’s population numbers, South Korea’s military-to-population ratio, South Korea’s government debt to GDP ratio.