With the increase of global population, how does the growth look like in particular countries such as China and South Korea? A recent research found that the world’s highest annual rate of population change is in Xia Men, China, while the lowest is in Busan, South Korea – in between 2000 to 2016. Xia Men’s population has been growing at an annual rate of 7.5% growing from 1.4 million to 4.7 million people in 6 years. On the other hand, Busan’s population has been on the decline at an annual rate of -0.7% decreasing from 3.6 million to 3.2 million.
While China remains to have the highest annual rate of population change, its population growth rate started slowing down in 2018. This is due to the increase in the aging society, in which China is now facing a threat with its aging population. New policies have been in place over the past decade to slow down its population growth, and China is now among other Asian nations to experience a radical drop in its birthdate as a result.
On the contrary, South Korea’s government is increasing its efforts to improve its birth rate due to its population crisis with its record low birth rate. The fertility rate from official reports showed a constant decline annually and only 326,900 babies were born in 2018. Besides these two countries, several other countries are also facing the aging population crisis and this could be a major threat which will affect the future growth of the country.