Key Insights
Japan's total population decreased by 550,000 (0.44%) to 123,802,000 in 2024, marking the fourteenth consecutive year of decline.
The over-75 age group increased by 700,000 to 20,777,000, accounting for 57.3% of those aged 65 or older.
The working-age population (15-64 years) declined by 224,000 to 73,728,000, exacerbating labor shortages.
AI Analysis
Japan's aging population is expected to continue its upward trend, leading to sustained economic challenges. Labor shortages may drive automation and ...
Market Outlook
Short-Term
In the next 1-3 months, Japan may experience increased fiscal pressure due to rising healthcare and pension costs for the elderly. Labor shortages could lead to wage inflation and reduced productivity.
Long-Term
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