In The Next 30 Years, ASEAN Demographics Supports Good Economic Growth
Mar 07, 2018Jeremy ParkinsonFinance
Currently, Asia ex Japan has a larger share of its population in the labor force at 69%
ASEAN is just above the world at 67%, note though, that its share of young people is large
By 2050, the ASEAN population is expected to grow by 26%, much more than Asia ex Japan
The larger share of youngsters in ASEAN is also expected to make it have a larger share of the population in the labor force
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