Japan is facing demographic challenges that are affecting its economy and society. According to data from the Ministry of Internal Affairs and Communication, the population of children aged 14 or younger has dropped for the 43rd consecutive year, totaling around 14.01 million as of April 1. This decline has caused the ratio of children to Japan’s total population to decrease to 11.3%, reaching an all-time low.
The overall population of Japan has been steadily declining since around 2010, resulting in persistent labor shortages. Additionally, the increasing proportion of elderly individuals in the country is putting pressure on Japan’s medical and social security expenses. This demographic trend is anticipated to worsen as Japan’s birth rate remains one of the lowest in the world and continues to fall below the replacement rate.
Japan’s future outlook for population growth is concerning as these challenges pose significant economic and social obstacles for the country. With an aging population, low birth rate, and declining number of children, it will be crucial for Japan’s long-term sustainability and prosperity to address these issues head-on.