Japan's Population is shrinking at a Record Rate, with the number of Japanese nationals falling by 800,000 people in 2022, marking the 14th consecutive year of decline. The country's total population fell to 125.42 million, a decrease of 511,000 from the previous year. The aging population and low birth rate are major concerns for Japan's economy, leading the government to introduce measures such as promoting labor market reforms and offering incentives to attract residents of child-bearing age. Japanese Prime Minister Fumio Kishida has emphasized the urgent need to address the declining fertility rate to prevent a collapse of social welfare systems.

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