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Asia Aging: Demographic, Economic, and Health Transitions

Written by:
P95/22-1

Introduction

This report addresses the demographic, economic, and health transitions that have taken place in Asian countries, while considering the wide diversity of economic development throughout Asia. Asia’s aging population is a reflection of the unusually rapid declines in fertility and mortality rates. Just as significant are the sheer numbers involved. As of 2020, the population of Asia exceeded 4.5 billion (including China and India, the two countries with over one billion each), more than one-half the world’s total. There were an estimated 414 million Asians aged 65 and older in 2020, projected to grow to more than 1.2 billion in 2060, which implies that one out of every 10 people in the world will be an older Asian.

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