Singapore Age: Understanding the Ageing Population in Singapore
Welcome to the topic of Singapore’s Age. Singapore is a vibrant city-state in Southeast Asia known for its diverse culture, delicious food, and beautiful skyline. However, Singapore is also known for its rapidly ageing population. With advancements in healthcare and technology, people are living longer, but this has also led to a decline in fertility rates. This demographic shift poses challenges for Singapore’s society and economy, which we will explore in this article.

Demographic Overview: Singapore’s population is ageing rapidly. According to the Department of Statistics, the proportion of citizens aged 65 and above increased to 18.4% in 2022 and is expected to reach 23.8% by 2030. This shift in demographics has significant implications for Singapore’s society and economy. The ageing population will require more healthcare services, social support, and infrastructure to cater to their needs.
Socioeconomic Indicators: The ageing population is not the only demographic trend in Singapore. The country is also experiencing a decline in fertility rates, which is leading to a shrinking workforce. This could potentially impact Singapore’s economic growth and competitiveness in the long run. However, Singapore has been proactive in addressing these challenges by implementing policies to encourage family formation and immigration. These policies aim to increase the birth rate and attract talent to the country.