Japanese Chemical Trader blog

Japan Chemical Trading Blog

Will the Population Decline in Japan Ever Stop?

According to a report made by the “Choosing the Future Committee”, a governmental investigative committee comprised of well-informed people, “presently, Japan is heading towards depopulation and being an aged society, and if we continue on this path, it is likely that the decrease in Japan’s population will be approximately 1 million annually 25 years from now (at present, the average is 160,000 annually), and the population will decrease to approximately 87 million in 2060 from the present 127 million, a drop to two-thirds the current number”.

According to the “Basic Policies for Economic and Fiscal Management and Reform 2014”, which was approved in a Cabinet meeting on June 24, the target of “keeping a stable demographic structure with a population of around 100 million in 50 years” has been set.

This is quite a high bar and although no specific measures are specified for attaining this goal, it is considered significant that the government has at least set a target.

In the future, it is expected that the government will come up with drastic and concrete measures before it becomes too late.