South Korea is facing a serious demographic crisis, with a birth rate of 0.748, which could lead to economic stagnation in the 2040s.

The low birth rate in South Korea threatens to reverse the economic progress known as the 'Miracle on the Han River.' Forecasts indicate an economic stagnation starting in 2040, and the potential for growth could reach zero by the middle of the century. Despite massive spending on birth incentives, the trend has not reversed, and the consequences include a declining workforce and pressure on the pension system. However, analysts suggest that technology and immigration could provide adaptive solutions.