In: Economics
brief summary of the demographic trends in japan 2020 ?
Japan's current population is 126,476,461
Yearly change =(- 0.30%)
Global share : 1.64%
Global rank :11
(2) Total Fertility rate : 1.4
(Live births per woman )
Declined from approx 3 in 1955 to 1.4 in 2020)
(3).Ife expectancy in Japan : 85 years (bother sexes
combined)
In 1950-62.8 years
In 2015 - 84.4 years
(4). Infant mortality rate - 1.6 (infants /1000 births )
Which was as high as 72.2 in 1950
2010-3.04
2015 - 1.76
(5) deaths under age 5
2.2(per 1000 live births)
(6) Japan's urban population : 91.7%
In 1950 : 58%
2015 : 91%
(7) population density in Japan is 348 people /km*2
(8) Japan's population is aging and shrinking fast with a median
age of 48.4 years
It has the world's oldest population
(9) The aging and shrinking population will strain Japan’s public
finances, as age-related spending—such as on healthcare and
pensions—rises while the tax base shrinks. Demographic trends are
closely tied to low interest rates.
(10) Japan’s rapidly declining population has also led to empty
homes due to oversupply, and an accompanying weakening of house
prices, particularly in rural areas. Such an effect on the housing
market raises risks for the financial health of Japanese households
and banks