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A Note On The Future Population Of Singapore Residents

Author

Listed:
  • YOKE WAI WONG

    (Nanyang Business School, Nanyang Technological University, Nanyang Avenue, Singapore 639798, Singapore)

  • UDITHA BALASOORIYA

    (Nanyang Business School, Nanyang Technological University, Nanyang Avenue, Singapore 639798, Singapore)

  • KHYE CHONG TAN

    (School of Humanities and Social Science, Nanyang Technological University, Nanyang Avenue, Singapore 639798, Singapore)

Abstract

This paper examines the population trends in Singapore over the next 50 years. The component method is employed in the projection calculations. The aging of Singapore's resident population is well-known. The projections show that the Singaporean population will reach a maximum of about 3.63 million in the year 2025 before steadily declining to reach 3.32 million by the year 2050. The population projections were also done in terms of gender and ethnic groups. Dependency ratios, weighted and unweighted were also calculated assuming different retirement ages. Remarks on some policy implications of these projections are provided.

Suggested Citation

  • Yoke Wai Wong & Uditha Balasooriya & Khye Chong Tan, 2005. "A Note On The Future Population Of Singapore Residents," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 50(02), pages 269-280.
    • Handle: RePEc:wsi:serxxx:v:50:y:2005:i:02:n:s0217590805002049
    DOI: 10.1142/S0217590805002049
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