In 2023, the annual population growth in India was 0.88 percent. Between 1961 and 2023, the figure dropped by 1.52 percentage points, though the decline followed an uneven course rather than a steady trajectory.

In 2024, about 60.9 percent of the Chinese population was between 16 and 59 years old. Apart from the information given on broad age groups in this statistic, some more information is provided by a timeline for the age distribution and a population breakdown by smaller age groups. Demographic development in China China ranked as the second most populous country in the world with a population of nearly 1.41 billion as of mid 2024, surpassed only by India. As the world population reached more than eight billion in mid 2024, China represented almost one fifth of the global population. China's population increased exponentially between the 1950s and the early 1980s due to Mao Zedong's population policy. To tackle the problem of overpopulation, a one-child policy was implemented in 1979. Since then, China's population growth has slowed from more than two percent per annum in the 1970s to around 0.5 percent per annum in the 2000s, and finally turned negative in 2022. China's aging population One outcome of the strict population policy is the acceleration of demographic aging trends. According to the United Nations, China's population median age has more than doubled over the last five decades, from 18 years in 1970 to 37.5 years in 2020. Few countries have aged faster than China. The dramatic aging of the population is matched by slower growth. The total fertility rate, measuring the number of children a woman can expect to have in her life, stood at just around 1.2 children. This incremental decline in labor force could lead to future challenges for the Chinese government, causing instability in current health care and social insurance mechanisms. To learn more about demographic development of the rural and urban population in China, please take a look at our reports on population in China and aging population in China.

According to latest figures, the Chinese population decreased by 1.39 million to around 1.408 billion people in 2024. After decades of rapid growth, China arrived at the turning point of its demographic development in 2022, which was earlier than expected. The annual population decrease is estimated to remain at moderate levels until around 2030 but to accelerate thereafter. Population development in China China had for a long time been the country with the largest population worldwide, but according to UN estimates, it has been overtaken by India in 2023. As the population in India is still growing, the country is very likely to remain being home of the largest population on earth in the near future. Due to several mechanisms put into place by the Chinese government as well as changing circumstances in the working and social environment of the Chinese people, population growth has subsided over the past decades, displaying an annual population growth rate of -0.1 percent in 2024. Nevertheless, compared to the world population in total, China held a share of about 17 percent of the overall global population in 2024. China's aging population In terms of demographic developments, the birth control efforts of the Chinese government had considerable effects on the demographic pyramid in China. Upon closer examination of the age distribution, a clear trend of an aging population becomes visible. In order to curb the negative effects of an aging population, the Chinese government abolished the one-child policy in 2015, which had been in effect since 1979, and introduced a three-child policy in May 2021. However, many Chinese parents nowadays are reluctant to have a second or third child, as is the case in most of the developed countries in the world. The number of births in China varied in the years following the abolishment of the one-child policy, but did not increase considerably. Among the reasons most prominent for parents not having more children are the rising living costs and costs for child care, growing work pressure, a growing trend towards self-realization and individualism, and changing social behaviors.

The graph shows the population growth in China from 2000 to 2024. In 2024, the Chinese population decreased by about 0.1 percent or 1.39 million to around 1.408 billion people. Declining population growth in China Due to strict birth control measures by the Chinese government as well as changing family and work situations of the Chinese people, population growth has subsided over the past decades. Although the gradual abolition of the one-child policy from 2014 on led to temporarily higher birth figures, growth rates further decreased in recent years. As of 2024, leading countries in population growth could almost exclusively be found on the African continent and the Arabian Peninsula. Nevertheless, as of mid 2024, Asia ranked first by a wide margin among the continents in terms of absolute population. Future development of Chinese population The Chinese population reached a maximum of 1,412.6 million people in 2021 but decreased by 850,000 in 2022 and another 2.08 million in 2023. Until 2022, China had still ranked the world’s most populous country, but it was overtaken by India in 2023. Apart from the population decrease, a clear growth trend in Chinese cities is visible. By 2024, around 67 percent of Chinese people lived in urban areas, compared to merely 36 percent in 2000.

In the fiscal year of 2024, around *** million people across India were covered under health insurance schemes. Of these, the highest number of people were insured under ******************** health insurance schemes, while********************* plans had the lowest number of people. Key figures of public health insurance The gross direct premium income of the Indian health insurance industry was about *** billion Indian rupees in financial year 2021. Public health insurance recorded the highest premium income of over *** billion Indian rupees that year, with the highest share of premiums written in the western state of Maharashtra. The healthcare system India has a decentralized approach to health care and that allows health insurance to be optional. Technically, all citizens are eligible for free healthcare at government facilities, and individual states are responsible for organizing these services. However, the country’s health system is severely underfunded in terms of staff as well as supply shortages. A vast number of people seek care from private providers. Over ** percent of the total healthcare expenditure in the country was from out-of-pocket expenses in fiscal year 2020.

In 2024, around **** million babies were born in China. The number of births has increased slightly from **** million in the previous year, but is much lower than the ***** million births recorded in 2016. Demographic development in China In 2022, the Chinese population decreased for the first time in decades, and population decline is expected to accelerate in the upcoming years. To curb the negative effects of an aging population, the Chinese government decided in 2013 to gradually relax the so called one-child-policy, which had been in effect since 1979. From 2016 onwards, parents in China were allowed to have two children in general. However, as the recent figures of births per year reveal, this policy change had only short-term effects on the general birth rate: the number of births slightly increased from 2014 onwards, but then started to fell again in 2018. In 2024, China was the second most populous country in the world, overtaken by India that year. China’s aging population The Chinese society is aging rapidly and facing a serious demographic shift towards older age groups. The median age of China’s population has increased massively from about ** years in 1970 to **** years in 2020 and is projected to rise continuously until 2080. In 2020, approximately **** percent of the Chinese were 60 years and older, a figure that is forecast to rise as high as ** percent by 2060. This shift in demographic development will increase social and elderly support expenditure of the society as a whole. One measure for this social imbalance is the old-age dependency ratio, measuring the relationship between economic dependent older age groups and the working-age population. The old-age dependency ratio in China is expected to soar to ** percent in 2060, implying that by then three working-age persons will have to support two elderly persons.

For most of the past two centuries, falling birth rates have been associated with societal progress. During the demographic transition, where pre-industrial societies modernize in terms of fertility and mortality, falling death rates, especially among infants and children, are the first major change. In response, as more children survive into adulthood, women have fewer children as the need to compensate for child mortality declines. This transition has happened at different times across the world and is an ongoing process, with early industrial countries being the first to transition, and Sub-Saharan African countries being the most recent to do so. Additionally, some Asian countries (particularly China through government policy) have gone through their demographic transitions at a much faster pace than those deemed more developed. Today, in countries such as Japan, Italy, and Germany, birth rates have fallen well below death rates; this is no longer considered a positive demographic trend, as it leads to natural population decline, and may create an over-aged population that could place a burden on healthcare systems.

As of June 2024, there were around 3.09 million ethnic Chinese residents in Singapore. Singapore is a multi-ethnic society, with residents categorized into four main racial groups: Chinese, Malay, Indian, and Others. Each resident is assigned a racial category that follows the paternal side. This categorization would have an impact on both official as well as private matters. Modelling a peaceful, multi-ethnic society The racial categorization used in Singapore stemmed from its colonial past and continues to shape its social policies, from public housing quotas along the ethnic composition in the country to education policies pertaining second language, or ‘mother tongue’, instruction. Despite the emphasis on ethnicity and race, Singapore has managed to maintain a peaceful co-existence among its diverse population. Most Singaporeans across ethnic levels view the level of racial and religious harmony there to be moderately high. The level of acceptance and comfort with having people of other ethnicities in their social lives was also relatively high across the different ethnic groups. Are Singaporeans ready to move away from the CMIO model of ethnic classification? In recent times, however, there has been more open discussion on racism and the relevance of the CMIO (Chinese, Malay, Indian, Others) ethnic model for Singaporean society. The global discourse on racism has brought to attention the latent discrimination felt by the minority ethnic groups in Singapore, such as in the workplace. In 2010, Singapore introduced the option of having a ‘double-barreled’ race classification, reflecting the increasingly diverse and complicated ethnic background of its population. More than a decade later, there have been calls to do away from such racial classifications altogether. However, with social identity and policy deeply entrenched along these lines, it would be a challenge to move beyond race in Singapore.

In the financial year 2024, India’s insurance penetration stood at *** percent, with the majority coming from the ************** sector. The growth in penetration over the last five years is a positive sign for the overall development and maturity of the insurance market in India. Life insurance in India Income and employment stability, awareness and education, accessibility to insurance services, and government policies have played a crucial role in shaping the landscape of life insurance in India over the last two decades. In the financial year 2022, approximately ** million new policies were issued by Life Insurance Corporation of India (LIC) - a public sector insurer. Indian insurers had written a total life insurance premium amounting to **** trillion Indian rupees in the same fiscal year. Non-life insurance in India A non-life insurance or general insurance policy covers property, businesses, and individuals and it provides coverage for damages on an indemnity basis. In recent years, an increasing trend has been seen in the number of non-life insurance policies sold in India. This can be attributed to increased demand and awareness for health and motor insurance, higher disposable income, more transactions in fire, marine, and export credit segments, and the introduction of new and customizable non-life insurance products.

As of July 2024, **** percent of the Malaysian population were classified as Bumiputera, **** percent were classified as ethnic Chinese, and *** percent as ethnic Indians. Those who do not fall under these three main ethnic groups are classified as ‘Other’. Malaysia is a multi-ethnic and multi-religious society with three main ethnicities and language groups. Who are Malaysia’s Bumiputera? Bumiputera, meaning sons of the soil, is a term used to categorize the Malays, as well as the indigenous peoples of Peninsular Malaysia, also known as orang asli, and the indigenous peoples of Sabah and Sarawak. As of July 2023, the Bumiputera share of the population in Sabah was ** percent, while that in Sarawak was **** percent. Thus, the incorporation of the states of Sabah and Sarawak during the formation of Malaysia ensured that the ethnic Malays were able to maintain a majority share of the Malaysian population. Bumiputera privileges and ethnic-based politics The rights and privileges of the Malays and the natives of Sabah and Sarawak are enshrined in Article 153 of Malaysia’s constitution. This translated, in practice, to a policy of affirmative action to improve the economic situation of this particular group, through the New Economic Policy introduced in 1971. 50 years on, it is questionable whether the policy has achieved its aim. Bumiputeras still lag behind the other ethnic two major groups in terms of monthly household income. However, re-thinking this policy will certainly be met by opposition from those who have benefitted from it.

The food inflation in India fell to around *** percent year-on-year in January 2025. In 2024, the food inflation peaked in October at about ** percent. Impact of inflation Inflation is a key economic indicator of an economy, influencing purchasing power, investments, and economic growth. The rise in food prices, which comprise about **** of the consumer price index (CPI) basket, affects large sections of the Indian population. Supply chain disruptions, increased cost of production, global market dependency, weather conditions, and government policies on minimum support prices are some reasons leading to food inflation. TOP drivers of food inflation Price-sensitive vegetables viz. tomato, onion, and potato (TOP) were the leading drivers of food inflation as per the Economic Survey for the financial year 2025. Experts argue that price pressures are not mainly due to a shortfall in production but post-harvest losses, seasonal production, and regional dispersion in production.  

Migrants from the United Kingdom have long been Australia’s primary immigrant group and in 2023 there were roughly 960 thousand English-born people living in Australia. India and China held second and third place respectively with regard to Australia’s foreign-born population. The relative dominance of Asian countries in the list of top ten foreign-born residents of Australia represents a significant shift in Australia’s immigration patterns over the past few decades. Where European-born migrants had previously overshadowed other migrant groups, Australian migration figures are now showing greater migration numbers from neighboring countries in Asia and the Pacific. A history of migration Australia is often referred to as an ‘immigrant nation’, alongside the United States, Canada, and New Zealand. Before the Second World War, migrants to Australia were almost exclusively from the UK, however after 1945, Australia’s immigration policy was broadened to attract economic migrants and temporary skilled migrants. These policy changes saw and increase in immigrants particularly from Greece and Italy. Today, Australia maintains its status as an ‘’Immigrant nation’’, with almost 30 percent of the population born overseas and around 50 percent of the population having both that were born overseas. Australian visas The Australian immigration program has two main categories of visa, permanent and temporary. The permanent visa category offers three primary pathways: skilled, family and humanitarian. The skilled visa category is by far the most common, with more than a million permanent migrants living in Australia on this visa category at the last Australian census in 2021. Of the temporary visa categories, the higher education visa is the most popular, exceeding 180 thousand arrivals in 2023.