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Japan's population declined in all of its 47 prefectures for the first time in a record drop, while its number of foreign residents hit a new high, reaching almost 3 million people, according to ...
Why Japan doesn't have as severe of a housing crisis as the US Japan is something of an outlier when it comes to housing affordability for a few major reasons: population decline and deregulated ...
Japan’s population has been in decline for several years – at the last count in 2022, the population had shrunk by more than 800,000 since the previous year, to 125.4 million.
In 2014, 26% of Japan's population was estimated to be 65 years or older, [29] and the Health and Welfare Ministry has estimated that over-65s will account for 40% of the population by 2060. [33] The demographic shift in Japan's age profile has triggered concerns about the nation's economic future and the viability of its welfare state. [34]
These trends resulted in the decline of Japan's population after reaching a peak of 128.1 million in October 2008. [6] In 2014, Japan's population was estimated to be 127 million. This figure is expected to shrink to 107 million (by 16%) by 2040 and to 97 million (by 24%) by 2050 if this current demographic trend continues. [7]
Japan’s birth rate has been declining for years. (Buddhika Weerasinghe—Getty Images) Japan is facing a population crisis—so Tokyo, its largest city, will try to solve the problem with ...
Decline in innovation. A falling population also lowers the rate of innovation, since change tends to come from younger workers and entrepreneurs. [10] Strain on mental health. Population decline may harm a population's mental health (or morale) if it causes permanent recession and a concomitant decline in basic services and infrastructure. [12]
Each spring, as reliably as the changing of the seasons, Japan releases grim new population data that prompts handwringing in the press and vows by politicians to address the country’s ...