Vietnam’s economic growth slows down due to population aging

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The prospect of “getting old before getting rich” means that Vietnam faces a set of important challenges whose solutions require making hard policy choices.

 

With falling birth rates and a rising life expectancy, Vietnam’s elderly are expected to account for between 10 percent to just under 20 percent of its population by 2035. Vietnam’s old age dependency ratio, the number of people over 65 divided by the number of those of working age, is estimated to double from 0.11 in 2019 to 0.22 in 2039.

 

Full Story: https://vietnaminsider.vn/vietnams-economic-growth-slows-down-due-to-population-aging/