2023 South Korea sees 1% rise in marriages, first increase in a decade due to pandemic delays, but challenges persist.

2023 saw a 1% rise in marriages in South Korea, the first increase in over a decade, driven by pent-up demand from couples who delayed weddings during the pandemic. However, the increase does not signal a sustained recovery due to ongoing challenges like rapid population aging, the lowest fertility rate globally, and high housing costs, which discourage childbirth. The number of marriages remains notably lower than pre-pandemic levels.

March 23, 2024
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