Many Asian countries are facing an aging society. For instance, the Thai population in 2012 was 64,460,000 and the proportion of those over 65 is 8.6 percent compared to 3.1 percent in 1970. This shows that Thailand is facing an aging society and the World Population Prospects* predicts this trend will accelerate. This situation is not exclusively in Thailand, but can likewise be viewed in almost all Asian nations. In addition, Asia is the most vulnerable in terms of natural disasters such as 7 of 10 of the deadliest natural disasters (1980-2014) took place in this region.
World bank notice**:
The Thai population is aging rapidly. The declining share of the working age population will affect economic growth.
– As of 2016, 11% of the Thai population (about 7.5 million people) are 65 years or older, compared to 5% in 1995.
-By 2040, it is projected that 17 million Thais will be 65 years or older – more than a quarter of the population.
-Together with China, Thailand has the highest share of elderly people of any developing country in East Asia and the Pacific.
-The primary driver of aging has been the steep decline in fertility rates, which fell from 6.1 in 1965 to 1.5 in 2015, as a result of rising incomes and education levels and the successful National Family Planning Program launched in 1970.
-The working age population is expected to shrink by around 11% as a share of the total population between now and 2040 – from 49 million people to around 40.5 million people.
-This decline in the working-age population is higher in Thailand than in all other developing East Asia and Pacific countries, including China.
* World Population Prospects
** World Bank, 2016
Thailand Economic Monitor – June 2016: Aging Society and Economy
Disaster data and statistics can be referred by the following link: