Demographic transition

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.

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).

Renowned geographer and writer, Georgi Bardarov, sheds light on Bulgaria's critical demographic challenges, emphasizing the far-reaching consequences of present actions on society in the next 15 years.

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.

Breaking with the age-old traditions, the family in Greece will in the future be less able to perform the role of safety cushion, taking care of the elderly when they can no longer live independently, due to demographic trends.

Demographic trends are exacerbating the problem of labour shortages in the period of economic growth.

Bulgaria should work for a more rapid increase in income. This is one of the conclusions of the Executive Board of the IMF.

Fund experts underline that incomes in Bulgaria are still half the EU average. They predict that the worsened demographic situation of our country can lead to serious risks to the entire fiscal system in the medium and long term.