Over 30% of Japan’s Population Will Be 65+ by 2030

What We’re Showing

Japan’s population aged 65 and over compared to the total population from 1950 to 2045F. The Statistics Bureau of Japan compiled the data.

Key Takeaways 

• Japan's population aged 65 and over reached an all-time high of 36 million, representing 29.3% of the total population.
• The number of workers aged 65 and over hit a record 9.14 million in 2023, marking 20 consecutive years of growth.
• Japan's labor force is projected to shrink from 69.3 million in 2023 to 49.1 million by 2050, according to Morgan Stanley.
• A record 2 million foreign workers were employed in Japan in 2024, with plans to add up to 800,000 more in the next five years.