Japan and Singapore Face Deepening Demographic Challenges
Both nations grapple with record-low fertility rates and aging populations, signaling long-term economic and social impacts.
- Japan's fertility rate remains at a low of 1.3, with the population expected to fall 30% by 2070.
- Singapore's total fertility rate is estimated to hit an all-time low of 0.97 in 2023.
- Both countries face labor shortages and potential strains on pension and healthcare systems due to declining birth rates.
- Efforts to encourage marriage and childbirth through government initiatives have yet to reverse the trend.
- Immigration is considered a potential solution, though it remains a contentious issue in Japan.