North Korea's Declining Population: An Outlier Amidst Economic Challenges
Subheading: Demographers Predict Decline from 2044, Later Than South Korea
North Korea, known for its isolated economy, presents a unique case study in population dynamics. Despite being one of the poorest countries in the world, the country's population is expected to start declining in 2044, approximately two decades later than its southern neighbor. This contrasting trend sets North Korea apart as an exception among struggling economies.
North Korea's Urban Population
As of 2023, approximately 63.2% of North Korea's population resides in urban areas, accounting for 16,533,344 people. However, projections indicate that the urban population will continue to grow, reaching a peak of 19,258,240 by 2037.
Peak Population and Fertility Rate
The United Nations Population Fund (UNFPA) estimates that North Korea's population will reach its peak in 2037 with 26.87 million people. This number is slightly higher than the current population of 26.3 million. The fertility rate, which measures the average number of children born to a woman, is currently estimated at 1.93 in North Korea.
Implications for the Future
The declining population trend has significant implications for North Korea's future. A shrinking workforce could lead to economic challenges, while the aging population may require increased healthcare resources. The country's isolated status and dependence on international aid further complicate the situation.
As North Korea grapples with economic difficulties and demographic shifts, it is crucial for policymakers to address the challenges and opportunities presented by the country's unique population dynamics.
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