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. 

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.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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