Malaysia is ageing

We are getting old. The statistics show Malaysia’s inevitable march towards a difficult milestone – that of an ageing nation.

An ageing society is defined as having a minimum seven per cent of its population aged 65 and older, while an aged nation has 14 per cent or more in that age group.

The United Nations Economic and Social Commission for Asia and the Pacific’s 2016 population data sheet shows that as of last year, Malaysians aged 60 and above comprise 9.5 per cent of the population.

This is projected to increase to 14.4 per cent in 13 years’ time and nearly a quarter of the population (23.5 per cent) by 2050. So, it is sooner rather than later that we will become an ageing or aged nation.

Full Content: The Straits Times

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