More than half of S.Korean regions facing population crisis

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More than half of S.Korean regions facing population crisis
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SEOUL: More than half of the regions in South Korea are at risk of experiencing a complete population decline, data showed Tuesday, amid the country’s...

: More than half of the regions in South Korea are at risk of experiencing a complete population decline, data showed Tuesday, amid the country’s critically low birth rate.

The population risk index is calculated by dividing the number of females aged 20 to 39 by the population of those aged 65 and above. A region is classified as a risk-prone area when it falls below 0.5. Kim added the decline of regional communities will eventually hurt the country’s economic competitiveness, emphasising the importance of creating jobs in such regions to prevent the outflow of population.

Meanwhile, only 18,615 babies were born in June, down 1.6 per cent from a year earlier to hit another fresh low, a monthly report from Statistics Korea showed last month.

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