The Life expectancy at birth in Japan attained a value of 85 years in 2023
The indicator recorded a historical growth (CAGR) of 0.20% between 2020 to 2023, and is expected to grow by...
GlobalData projects the figure to grow at a CAGR of ...
Life Expectancy in Japan
Life expectancy in a country depends on multiple factors including healthcare, lifestyle, resources and even culture. The total life expectancy at birth in Japan was 84.65 years in 2021. From 2017, the total life expectancy has slightly increased. The life expectancy for females in Japan has increased over the years. In 2018, the average life expectancy was 83 years for females and in 2022 it is expected to be 88 years. In fact, the life expectancy for males has also increased between 2018-2022. In 2018 it was 81 years and in 2022 it is expected to be 82 years.
Growing Age Population in Japan
The growing aging population also has serious implications for the labor force. In the face of falling population, a constant decline in the labor force is inevitable, leading to labor shortages. In Japan, due to the aging population, the working-age population has been declining by an average of 0.8 million people since 2013. It is expected to shrink by 17% by 2030 and by 40% by 2040, according to the OECD. The burden caused by an aging population has been compounded by factors such as decreasing fertility rates and increasing numbers of abortions in the country. Between 2000-2020, the urban population has constantly increased to 115 millions.
Affects of Aging Population
The aging population will affect Japan in the coming years, as people continue to retire in increasing numbers. With the country’s older population increasing every year, the cost of social welfare will only rise, which could have serious implications for the country’s finances as well as its economic activity. The country’s old age dependency ratio (over-65 population as a share of the working-age (15 to 64) population) is one of the highest amongst the OECD nations.
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