For the first time ever, Singapore’s resident total fertility rate has dropped below 1.0. Preliminary estimates show that the total fertility rate fell to 0.97 in 2023, declining further from the previous record of 1.04 in 2022 and 1.12 in 2021.
What are the factors leading to the new low? And should we be worried?
Dr Mathew Mathews, Head, Social Lab, and Principal Research Fellow at the Institute of Policy Studies, National University of Singapore shares his views.