
Hong Kong feared to become a 'super-aged' country by 2050
Fertility rate is just 1:13.
According to Allianz Global Investors' recent study about demographic challenges, Hong Kong is considered an “aged country”, with 14.5% of the population aged over 65, according to a definition used by the Asian Development Bank and the United Nations (Higher than China: 9.1%; Singapore: 10.67%; Taiwan: 11.8% and Korea: 12.58%; Lower than Australia: 14.7% and Japan: 25.79%)
Here's more from Allianz Global Investors:
Today Hong Kong has approximately 20 people aged 65+ for every 100 of working age (Higher than China: 12.5; Singapore: 14.5; Taiwan: 16 and Korea: 17; Lower than Australia: 22 and Japan: 42)
With a fertility rate of 1.13, Hong Kong is also far below the replacement rate of roughly 2.1 children per woman.
Hong Kong has approximately 20 people aged 65+ for every 100 of working age. By 2050 this is expected to reach 67 per 100 – a mark which Japan will probably have reached years earlier. By then, Hong Kong will not be able to avoid the problems super-aged Japan is already facing. The difference will only be in terms of the timeframe.
For an intuitive understanding of the factors that drive demographic challenges in Japan and other countries around the world, view PROJECT M’s interactive graph Demographic Insights.: https://projectm-online.com/#/global-agenda/demographic-insights New countries are being continuously added to the tool.