Thailand and Singapore's Elderly Populations Above the Global Average
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In 2018, Thailand and Singapore had the highest elderly population rates in Southeast Asia. The population aged 65 and above comprised 11.9% and 11.5% of their total populations, respectively. Both figures exceeded the global average of 8.9%.
Other Southeast Asian countries had elderly population rates below the global average. Vietnam's elderly population rate was 7.3%, while Malaysia and Indonesia followed closely behind at 6.7% and 5.9%, respectively.
The aging population is transforming the prospects of Southeast Asian countries, particularly ASEAN members. This is due to a decline in the working-age population. Affected countries are developing policies to maintain economic growth while ensuring the rights of the elderly. Retirement planning and family support are becoming crucial for this age group.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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