Aging of Japan

Individuals aged 60 to 69 could play a crucial role in alleviating the European Union's labor market challenges amid an escalating demographic crisis. A report from Allianz Trade indicates that with effective delayed retirement strategies, the proportion of this age group in the workforce could rise from 9% in 2023 to 14.2% by 2040.

An expert projects that the share of the elderly population in Turkey's total population will reach the same level in Europe in 2060 given the current trajectory of the fertility rate in the country.

The fertility rate represents the ratio between the average number of live births in a year and the number that a woman would have during her childbearing years - the 15-49 age group.

The share of people over the age of 65 in Japan reached a record 29.1 percent of the total population, according to official data released today.

The figure has been gradually increasing since the end of World War II. In 1950, for example, the elderly were 4.9 percent of the population, in 1985 - 10 percent, and in 2005 - over 20 percent, recalls TASS.

Turkey still has a young population structure, but its share of elderly population is increasing, a recently released survey shows.

A new study released by the Berlin Institute for Population and Development suggests that Greece is set to lose up to 18 percent of its population by the middle of the century.