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Taiwan set to become super-aged society in 2025
The National Development Council says Taiwan is set to become a "super-aged society" in 2025 as projected and its total population is projected to fall below 23 million in 2030 with a median age of 48.7.
According to the council's latest report on population projections, Taiwan's total population will shrink from 23.4 million in 2024 to 14.97 million in 2070.
The NDC says it based its estimate on the assumption that each child-bearing Taiwanese woman would give birth to an average of one child each in the future.
While a demographic dividend, or condition in which the productive age population is more than the non-productive population, will come to an end in 2028 as projected.
The report says by 2039, seniors of 65 years of age or above will account for 30% of Taiwan's total population and the NDC is warning that its demographic structure as a result of falling birth rates and longer life expectancy will continue deteriorating as population ageing will keep on worsening over the long term.
