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Japan’s population is shrinking at an accelerating rate

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Image accompanies the article at Fortune Technology. No description was extracted from the source.

New census data over the past week showed Japan’s population shrank more quickly than in the prior tally.

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Summary

While foreigners make up 3.4% of Japan’s population, the share has increased to a record high and a political backlash has been building—even as the country also grapples with rapidly aging demographics and the need to find new workers to sustain economic growth. On Tuesday, the latest five-year population survey detailed how stark Japan’s situation is. The number of Japanese nationals revealed an even steeper decline of 3.5% to 119.1 million, following a 1.4% drop in the 2020 count. Meanwhile, foreign residents jumped 40% to a record high of 3.84 million, and permanent residents climbed 17% to 947,125.

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