Chart of the Week: Japan Grows Older
IMF Blog, January 14, 2019
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Bibliographic details
- Authors: The Editors
- Published: January 14, 2019
Overview and context
- Publication date: January 14, 2019
- Credit (photo): JohnnyGreig/iStock
- Tags: Chart of the Week; Aging
- Languages noted: 中文, 日本語
- Context: Six years of “Abenomics” saw lower fiscal deficits, near-record unemployment, and higher female labor force participation.
Demographic findings
- Japan’s population will continue to shrink.
- The old-age dependency ratio will increase further.
- Old-age dependency ratio defined as the ratio of individuals aged 65 years and over to individuals aged 15-64 years.
Economic and fiscal implications
- Aging and shrinking population create intensifying demographic headwinds for Japan’s economy and financial sector.
- The government needs a well-specified and credible medium-term plan to reduce debt and deficits in the coming years to address the challenges of financing health and pension costs of an aging population.
Upcoming IMF work
- On January 15, the IMF will release new research and analysis and publish a blog on the future of savings and pensions in an aging world.
Source: Chart of the Week: Japan Grows Older (IMF), January 14, 2019
Content in this bundle
- 日本趋于老龄化; IMF blog; 2018 年1 月15 日
- 年老いていく日本 IMFブログ 2019年1月15日
