SEOUL: South Korea’s total population was expected to fall sharply for the next 50 years due to a chronically low birth rate and a rapidly aging population, statistical office data showed Thursday.The total population was estimated to decline from 51.67 million in 2022 to 50.06 million in 2040, 42.30 million in 2060 and 36.22 million in 2072, according to Statistics Korea, reported Xinhua.The population was forecast to record an annual falling rate of 0.16 per cent for a decade starting in 2025, eventually leading to an annual fall of 1.31 per cent in 2072.The number of newborns was forecast to slide from 250,000 in 2022 to 220,000 in 2025 and 160,000 in 2072, while the number of deaths was
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