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Decline in Taiwan's population forecast to slow down

2012/07/22 17:27:11

Taipei, July 22 (CNA) Taiwan's population growth may not turn negative in 2023 as projected, but rather two to five years later, the Council for Economic Planning and Development (CEPD) said Sunday.

In 2010, the CEPD forecast that Taiwan's population growth will hit zero in 2022 and enter negative territory in 2023.

However, in a biennial report expected to be released Monday, the CEPD changed its forecast, saying this may not happen until two to five years later since the country's birthrate has been increasing.

The latest report, "Projections for R.O.C (Taiwan): 2012-2060", also forecast that Taiwan's categorization as an aging society in 2017 may be delayed by one or two years.

A country is designated as an aging society when its over-64 population reaches 14 percent or above.

According data from the Ministry of Interior, the fertility rate in Taiwan was 0.89 in 2010, but rose to 1.07 last year.

In addition, the number of country's new births in the first half of 2012 was 107,508, an increase of 17.29 percent from a year earlier, thanks to a series of government incentives in the Year of the Dragon, an auspicious year in Chinese culture.

(By Lin Hui-chun and Hanna Liu)