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Chart of the Day: Citizen population to shrink from 2025 onwards

Singapore Business Review
Source: Population White Paper

An unprecedented age shift looms.

According to the Population White Paper: A Sustainable Population for a Dynamic Singapore, the citizen population reached a turning point in 2012 as the first group of Baby Boomers turned 65.

The National Population and Talent Division of the Prime Minister’s Office reported:

Falling birth rates coupled with increasing life expectancies will result in an ageing and shrinking citizen population and workforce.

At current birth rates and without immigration, our citizen population will shrink from 2025 onwards. The median age of citizens will also rise from 40 years today to 45 in 2025.



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