Second, about 20 years after the decline in the TFR, a decrease in the working-age population occurred. The size of the working-age population started showing a clear decrease from the mid-1990s.
According to official projections, the total population will decline from the current level of 127.8 million to 120 million by 2026, to under 100 million by 2048, and further to 86.7 million by 2060. The working-age population is projected to decrease more drastically – from the current level of 81.3 million to 44.2 million by 2060.