21 Dec '17, 10am

[Mothership] In 2018, number of elderly & youth in S’pore will be the same. For the first time. https://t.co/rxeIvJ2vPw

[Mothership] In 2018, number of elderly & youth in S’pore will be the same. For the first time. https://t.co/rxeIvJ2vPw

Here’s something to look forward to in 2018: A demographic time bomb in Singapore. Advertisement Same number of young and old The demographic “time bomb” was coined in a Dec. 6, 2017 research report by UOB. This means that in 2018, the number of elderly Singaporeans aged 65 and above and youths aged 15 and below will be the same for the first time in Singapore’s modern history. The red and blue lines representing the long-term trend lines of both population segments intersect in 2018. Currently, the proportion of Singaporeans aged 65 and above is 13 percent, while those aged 15 and below is about 15 percent. Singapore’s demographic proportion similar to Japan in 2030 According to UOB’s forecast, Singapore’s percentage of seniors will hit 27 percent by 2030, while the percentage of juniors will decrease to 10.8 percent — roughly where Japan is today. Japan is the “oldest so...

Full article: https://mothership.sg/2017/12/demographic-time-bomb-singa...

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