Population

A shrinking world will turn our problems upside down

The political and economic priorities of a depopulating society could be very different from today’s

New Zealand’s economy has historically relied on population growth to stoke domestic demand.

New Zealand’s slow population growth hampers economic recovery

Gross domestic product has contracted in three of the last five quarters to June

The annualised population growth rate over the last five years is also higher at 1.5%, compared with the 0.5% recorded in the preceding five-year period between 2015 and 2020.

Singapore’s population hits record 6.11 million, boosted by foreign workers

Citizen births edge up 1.2% in 2024 while number of marriages falls 5.7%, with families getting smaller over time

Though the number of people is still rising, the fertility rate has been plummeting. And not just in the rich world: Two-thirds of people now live in countries where it is below the “replacement rate” of 2.1.
THE BROAD VIEW

Don’t panic about the global fertility crash

A world with fewer people would not be all bad

New Zealand’s economy has struggled to sustain a recovery from a deep recession in 2024, even as interest rates fall.

New Zealand posts slowest population growth in three years

The country’s economy has historically relied on population growth to stoke domestic demand and support growth

Many citizens have opted to look overseas, particularly to Australia, for better paying jobs amid a cooling economy and rising unemployment at home.

New Zealand sees most citizens leave since 2012 as economy cools

Foreign workers are also increasingly reluctant to head to New Zealand when work is scarce

Japan has the world’s second-oldest population after tiny Monaco, according to the World Bank.

Japanese population sees record drop in 2024

THE population of Japanese nationals fell by a record amount - more than 900,000 people - in 2024, official data showed, as the country battles to reverse its perennially low birth rates.

China‘s population fell for a third consecutive year in 2024, with experts warning of a worsening downturn, after decades of falling birth rates.

China unveils childcare subsidies in push to boost fertility

[BEIJING] China rolled out on Monday an annual childcare subsidy of 3,600 yuan (S$645) until age three, as authorities look to spur a flagging birth rate with fewer young people choosing to have child...

The previous law allowed only one or two children per family, except in special cases.

Vietnam ends two-child policy to stem falling birth rates

Couples will now have the right to decide when to have children, how many to have, and the spacing between births, the official Vietnam News Agency reports

Japan’s birth rate is among the lowest in the world, a trend which has meant having a shrinking workforce, fewer consumers and businesses fighting to recruit workers.

Japan sees record population drop in 2024

It’s the largest fall on record since the government began collecting comparable data in 1950