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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Current price of oil as of July 24, 2026
LifeEconomy

Japan’s child population falls for the 43rd straight year to a fresh record low, weighing on economic prospects

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Winnie Hsu
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Bloomberg
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Winnie Hsu
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Bloomberg
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May 4, 2024, 12:21 PM ET
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The ratio of children to Japan’s total population decreased to 11.3%, also touching an all-time low.Getty Images
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The number of children in Japan has dropped to another record, in a stark reminder of the demographic challenges that are weighing on Asia’s second biggest economy.

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The population of kids 14 years old or younger fell for the 43rd straight year to around 14.01 million as of April 1, according to data from the Ministry of Internal Affairs and Communication. The ratio of children to Japan’s total population decreased to 11.3%, also touching an all-time low.

Japan’s total population has been falling steadily since around 2010, leading to chronic labor shortages, while the rising ratio of the elderly in the country is pressuring higher the nation’s medical and social security expenditures.

The situation is expected to worsen as Japan’s birth rateis one of the world’s lowest and remains well below the replacement rate. 

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