Demographic features of South Korea's population include population density, ethnicity, education level, health, economic status, religious affiliations, and other aspects of the population. The common language and especially culture are widely considered more important elements by South Koreans in terms of identity than citizenship.
In 2012, South Korea's population surpassed 50 million citizens for the first time in history, and by the end of 2021, the country's population had peaked at approximately 51.77 million people. However, in recent years the total fertility rate (TFR) of South Korea has plummeted, leading some researchers to suggest that if current trends continue, the country's population will shrink to approximately 28 million people by the end of the 21st century. In 2018, fertility in South Korea became a topic of international debate after only 26,500 babies were born in October and an estimated 325,000 babies for the year, causing the country to achieve the lowest birth rate in the world. In a further indication of South Korea's dramatic decline in fertility, in 2020 the country recorded more deaths than births, resulting in a population decline for the first time since modern records began. In 2024, South Korea had a total fertility rate of 0.75, the lowest in the world.