Japan’s population to drop by 30 percent in 50 years

7 years ago by in Featured, Japan

PopulationJapan’s population will decline by 30 percent until 2060, according to a report made by a governmental institution. The population will drop from 128 million at present to 86.7 million in the next 50 years, as two out of five Japanese people are now aged 65 or older. This situation makes Japan one of the world’s fastest-ageing societies, according to the international press.

The group that made the survey, called the National Institute of Population and Social Security Research, provides a 50-year demographic forecast every five years.

According to the survey, people who are now 65 or older will account for about 40 percent of the total population in 2060, compared to 23 percent at present.

The medium life expectancy in Japan dropped in 2011, after a devastating earthquake and tsunami killed about 19,000 people. However, the institute thinks the life expectancy will grow, approximating that women will live 90.93 years and men 84.19 years by 2060.

The fertility rate, which is currently at 1.39 per woman, will continue to drop to probably 1.35 in 2060, according to the institute.