Total fertility rate in Taiwan 1960-2030
Taiwan’s demographic development
Taiwan was once known for its strong population growth. After the retreat of the Republican government to the island in 1949, the population grew quickly. However, during Taiwan’s rapid economic development thereafter, the fertility rate dropped substantially. This drastic change occurred in most East Asian countries as well, of which many have some of the lowest fertility rates in the world today. As a result, populations in many East Asian regions are already shrinking or are expected to do so soon.In Taiwan, population decreased in 2020 for the first time, and the declining trend is expected to accelerate in the years ahead. At the same time, life expectancy has increased considerably, and Taiwan’s population is now aging at fast pace, posing a huge challenge to the island’s social security net.