Question

In: Economics

brief summary of the demographic trends in japan 2020 ?

brief summary of the demographic trends in japan 2020 ?

Solutions

Expert Solution

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


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