Population aged 60 and over estimated to reach 13 million by 2050 in Myanmar
NAYPYITAW - The number of population aged 60 or over is expected to reach 13 million by 2050, according to a statement by Population Department at the Ministry of Labour, Immigration and Population.
On September 27, the department released a research based on the 2014 nationwide census.
The research paper pointed out changing and aging population, social affairs, accommodation, economic conditions, health, life expectancy and differences of the elderly in term of regions.
According to the 2014 Nationwide Census, there are 4.5 million people aged 60 or over. The number of people aged 60 or over will account for 20 per cent of the total population.
In 2050, the number of aging population will be similar to that of children under 15.
Between 1973 and 2014, the population increased at an annual rate of 1.4 per cent and the number of population aged 60 or above increased at an annual rate of 2.4 per cent. Urban areas see more aging population than the rural areas.
Magway, Mon, Bago, Mandalay, Sagaing, Ayeyarwady and Yangon see the highest number of aging population. In 2030, the country will face the highest increase in aging population along with a decline in the number of population.