Hospital neonatal room. /News 1
Korea was found to be the country with the highest childcare costs in the world relative to per capita income. It was followed by China and Italy.
According to foreign media such as CNN on the 22nd (local time), the Yuwa Population Research Institute, a population research and public policy institute in Beijing, China, said in a recently released report, “In Korea, the cost of raising a child until 18 years old is equal to GDP per capita (“It is 7.79 times the GDP, the highest in the world.” Calculating Korea’s GDP per capita in 2022 (about 32,400 dollars, about 43 million earned), it’ n means that you need about 335 million won to raise one child.
The report continued, “Child care costs in China are $74,800 (about 100 million won), which is 6.3 times the GDP,” and “If you send your child to college in China, the cost is increased to $94,500 (about 125 million won). “
Among the countries surveyed, Italy was third after Korea and China, with a GDP of 6.28 times. The UK (5.25 times) and New Zealand (4.55 times) were in the top five. Japan (4.26 times), the United States (4.11 times), and Germany (3.64 times) were also selected as countries with relatively high childcare costs. On the other hand, countries such as Singapore (2.1 times), Australia (2.08 times), and France (2.24 times) were found to have relatively lower child support costs compared to income.
The report said, “Chinese people’s intention to have children is almost at the lowest level in the world due to the high cost of childbirth as well as the difficulties in balancing home and work for women,” adding, “It is not an exaggeration say that the current population situation is a fall in the birth population.” he did
In fact, the number of newborns in China has dropped below 10 million for the past two years in a row. This is the first time since the founding of New China in 1949 that the number of newborn babies in China falls below 10 million. At the end of last year, China’s total population was 1.40967 million, a decrease of 2.08 million compared to 2022, and the country had to lose the title of the world’s most populous country to India.
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