Japan’s population is aging faster than that of any other of the advanced countries, and its working-age population (defined as those aged between 15 and 64) has begun to decrease. The pace of population decline is likely to accelerate in the future.
The National Institute of Population and Social Security Research forecasts that Japan’s working-age population will decline to 44.18 million in 2060, which is roughly half of the peak of 87.27 million in 1995. B.