Population ages 65 and above for Japan

SPPOP65UPTOZSJPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

29.78

Year-over-Year Change

21.49%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population ages 65 and above for Japan' trend measures the percentage of Japan's total population aged 65 and older. This metric is crucial for policymakers analyzing demographic shifts and their economic implications.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series represents the share of Japan's population that has reached retirement age, providing insights into the country's aging society. It is a key indicator used by economists and government agencies to forecast labor force changes, social program demands, and other macroeconomic impacts of population aging.

Methodology

The data is collected through Japan's national census and demographic surveys.

Historical Context

Policymakers and analysts monitor this trend to assess the sustainability of Japan's social safety net and economic growth potential.

Key Facts

  • Japan has one of the oldest populations in the world.
  • Over 28% of Japan's population was aged 65 or older in 2020.
  • The aging of Japan's population poses significant economic challenges.

FAQs

Q: What does this economic trend measure?

A: The 'Population ages 65 and above for Japan' metric represents the percentage of Japan's total population that is aged 65 and older.

Q: Why is this trend relevant for users or analysts?

A: This aging demographics indicator is crucial for policymakers and economists assessing the socioeconomic impacts of Japan's shifting population structure.

Q: How is this data collected or calculated?

A: The data is collected through Japan's national census and demographic surveys.

Q: How is this trend used in economic policy?

A: Analysts and policymakers monitor this trend to evaluate the sustainability of Japan's social welfare programs and the potential effects on economic growth.

Q: Are there update delays or limitations?

A: The data is updated regularly based on Japan's census and survey cycles, with some potential for slight delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Population ages 65 and above for Japan (SPPOP65UPTOZSJPN), retrieved from FRED.