Published on 12:00 AM, March 17, 2023

DEMOGRAPHIC WOES

South Korea hits record-low weddings: data

The number of South Koreans who tied the knot last year hit a record low, figures showed yesterday, compounding looming demographic woes in a country with the world's lowest birth rate.

Some 192,000 couples got married last year, according to the data released by Statistics Korea yesterday, down by more than 40 percent from a decade earlier in 2012, when 327,000 couples had wed.

This is the lowest number of marriages in a year since records began in 1970.

The average age for men getting married for the first time was 33.7 years old, a record high, the data showed, while the age for brides also hit a record high of 31.3 years old for marriage.

They represent an increase of 1.6 years for men and 1.9 for women for first-time marriage from a decade earlier.

Nearly 80 percent of couples who got married last year were doing so for the first time.

The new data comes as South Korea is grappling with a chronic decline in its birth rate, with the lowest ever number of babies -- 249,000 -- born last year, breaking a previous record low in 2021.

South Korea had long ago passed the so-called replacement rate after which a population begins to shrink with a record-low 0.78 births per woman last year. The government has spent 280 trillion won since 2006 in an effort to boost birth rates but population is projected to fall from 52 million to 39 million by 2067.