Despite widespread expectations that the Year of the Dragon would herald a resurgence in births, Singapore’s fertility rate has disappointingly dipped below 1.0 in 2024. Cultural beliefs often associate the mythical creature with strength and prosperity, prompting many couples to consider this year as an opportune moment for starting a family. Though, socio-economic factors and the increasing cost of living have overshadowed these traditional sentiments, leading to critically important challenges in family planning.

The government’s attempts to encourage parenthood through various policies and incentives have failed to reach the desired effect. Factors contributing to this trend include:

  • High housing costs impacting financial stability.
  • Work-life balance issues causing couples to delay starting families.
  • Changing societal norms that prioritize careers and personal freedom.
Year Total Births Fertility Rate
2020 33,000 1.1
2021 31,000 1.0
2022 29,000 0.9
2023 28,000 0.95
2024 (projected) 25,000 0.8