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Yep. From Grok:
Total fertility rate (TFR) (average number of children per woman over her lifetime): This hit a record low of 1.29 in 2024, down from 1.33 in 2023 and 1.39 in 2022. This is well below the replacement level of about 2.1 needed for a stable population without migration.
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I am assuming the birthrate for Switzerland is well under replacement if I had to guess?