Taiwan has become the world's fastest ageing country this decade, overtaking Japan, the US, Britain and other developed nations, according to a report published on Monday by the National Development Council (NDC).
With a total population of 23.4 million, there are 2.86 people aged 65 and above, EFE news reported.
The council predicts this segment will account for more than 14 percent of the population in 2018 and 20 percent in 2025, making Taiwan an aged and a super-aged society.
An increase from seven percent to 14 percent in the proportion of retirees took 85 years in Sweden and 73 years in the US.
But in Taiwan, it will take only 25 years, which underlines the nation's quick ageing rate, the report said.
In 2019, the death-rate will be higher than the birth-rate and population will begin to decrease and by 2060, for every 100 active people, there will be 96.9 dependents, 17.1 children and 79.9 elderly, it added.
--Indo-Asia News Service
ksk/vt
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
