Japan’s new births fell again in 2024 for a ninth straight year

Japan’s aging population is one that almost all countries are using as the benchmark in terms of what to avoid from a demographics standpoint. And the situation is only worsening over the past decade. Here’s some background to the numbers when it comes to Japan’s new births:

• It fell below the 1 million mark for the first time in 2016 and has been falling further since
• New births in 1H 2024 were 329,998 and sparked fears of the annual total falling below 700,000
• The 720,988 new births last year is a 5% drop compared to 2023, which saw a 4% drop compared to 2022
• New births in 2024 are at a record low, dating back to 1947 when comparative statistics became available
• The number of deaths hit a record high of 1.62 million in 2024; that means more than two people died last year for every new baby born in Japan

This article was written by Justin Low at www.forexlive.com.