A NOTE ON THE FUTURE POPULATION OF SINGAPORE RESIDENTS

Yoke Wai Wong (), Uditha Balasooriya and Khye Chong Tan
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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

The Singapore Economic Review (SER), 2005, vol. 50, issue 02, 269-280

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.

Keywords: Singapore; population projection; dependency ratios; aging; ethnicity (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1142/S0217590805002049

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