Demographic economics

Japan Records Largest Population Decline in 2023 as Births Plummet to Record Low

In a concerning trend for Japan's demographic landscape, the year 2023 saw a significant decline in the number of newborns, marking a record low in the country's history. According to government data reported by Kyodo News, Japan's population shrank by its largest ever margin, with births plummeting by 5.1 percent compared to the previous year, totaling just 758,631 infants.

South Korea birth rate falls to all-time low

South Korea's birth rate fell to a record low last year, the government said Wednesday, despite having poured billions of dollars into efforts to encourage women to have more children and maintain population stability.

The country has one of the world's longest life expectancies and lowest birth rates, a combination that presents a looming demographic challenge.

Experts urge rethink of social structure amidst aging population trend

Türkiye's population, like the rest of the world, is aging and new social arrangements should be made to address the emerging needs of a shifting demographic, experts have said.

The population aged 65 and above reached around 8,722,000 people in 2023, according to the Turkish Statistical Institute (TÜİK).

Stournaras: Migration essential to filling labor market gaps

Migrants are essential to filling the labor and skills gap in the domestic labor market, the governor of the Bank of Greece Yannis Stournaras has said.

Speaking at the 2nd MD Forum in Athens, Stournaras noted that Greece faces significant labor shortages in key sectors of the economy, such as tourism, agricultural production, industry and construction, and many jobs remain vacant.

Bulgaria Faces Population Plunge Below 5 Million!

A forecast released by Bulgaria's National Statistical Institute (NSI) paints a concerning picture for the country's demographic future. By the year 2075, the projection suggests a significant decrease in Bulgaria's population, foreseeing a drop to 4,972,000 individuals, with a quarter of the populace aged 65 and above.

Türkiye ranks 53rd among countries with aging population

 

Türkiye has ranked 53rd in a global list of countries with an aging population, according to research by a platform supported by the University of Oxford in the United Kingdom.

With the significant decline in population growth rates in European countries, the proportion of young people in the total population has decreased over the last decade.

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