Japan's population falls while foreign residents rise to record
Japan's total population fell to 125.42 million, a decrease of about 511,000, the new data showed.
The number of Japanese people has decreased at the fastest pace ever while the number of foreign residents has risen to a record of nearly 3 million, government data showed on Wednesday. The data showed that Japanese society is ageing across the country and suggests that foreign nationals are playing an ever bigger role in making up for the shrinking population. The number of Japanese nationals fell for the 14th year, by about 800,000 people, to 122.42 million, according to resident registration data as of Jan. 1, 2023, released by the Ministry of Internal Affairs and Communications. For the first time, the number of Japanese residents fell in all 47 prefectures, the data showed.
The number of foreign nationals living in Japan was a record 2.99 million, a 10.7 in per cent increase from the previous year, the biggest year-on-year increase since the ministry began tracking the data a decade ago. As of Jan. 1, 2020, just before the COVID-19 pandemic spread around the world, there were 2.87 million foreigners living in Japan.
Japan's total population fell to 125.42 million, a decrease of about 511,000, the new data showed.
The population has fallen every year since peaking in 2008 due to a low birth rate, reaching a record low last year.
The government aims to address the problem by various means, including employing more women, the top government spokesperson said.
"To secure a stable workforce, the government will promote labour market reforms to maximise the employment of women, the elderly and others," Chief Cabinet Secretary Hirokazu Matsuno said.
Prime Minister Fumio Kishida has made reversing the sliding birth rate a top priority and his government, despite high levels of debt, plans to earmark 3.5 trillion yen ($25 billion) a year for child care and other measures to support parents. A group of Tokyo-based public think tanks said last year that Japan needed about four times as many foreign workers by 2040 to achieve the government's economic growth forecasts. Tokyo had the most foreign residents with 581,112 of them, or 4.2% of the capital's population. ($1 = 141.0800 yen)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 10 Years: No. 1 fund has converted Rs 12,500 monthly investment into Rs 44,69,845
Compounding Returns: Rs 5,000 monthly SIP investment for 30 years vs Rs 17,500 monthly SIP for 20 years? Which can give higher return? Know here
SBI Guaranteed Return Scheme: Know how much maturity amount you will get on Rs 2 lakh, 2.5 lakh, 3 lakh, 3.5 lakh and Rs 4 lakh investments under Amrit Vrishti FD scheme
SBI FD Interest Rates for General and Senior Citizens: Here's what India's top lender is offering in its 1-, 3-, 5-year, & Amrit Vrishti fixed deposit schemes
NTPC Green Energy's Rs 10,000-crore IPO opens; Anil Singhvi expects stock to deliver multibagger return
03:12 PM IST