Taiwan's population is experiencing a sustained decline, with the latest data showing a continued downward trend. As of April 2025, the population was estimated at 23,365,274, according to Wikipedia, reflecting a shrinking trend driven by a fertility rate of 0.85 children per woman—one of the lowest in the world. This has led to 19 consecutive months of population decline, with a drop of nearly 9,000 people from June to July 2024 alone.
Population (2025): ~23.1 million (Worldometer estimate).
Annual change: Declining at a rate of -0.44% (2024–2025).
Median age: 44.8 years (2025), indicating rapid aging.
Population density: 653 people per km², one of the highest globally.
Urbanization: 84% of the population lives in urban areas, with Taipei being the largest metropolitan area.
The crude birth rate in September 2025 was just 4.49 per 1,000 people, lower than South Korea’s, and the average household size has dropped to 2.37 people—a sign of shrinking families. With 19.48% of the population aged 65 or older, Taiwan is approaching "super-aged society" status, posing significant challenges to healthcare, pensions, and labor markets.
Projections suggest the population may stabilize around 23.4 million by 2025–2027, but the long-term trend remains downward without major policy interventions.
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And currently Taiwan is 21st in the world by nominal GDP and 20th by PPP measures. TSMC is now the world 8th most valuable company by market cap.
As a kid growing up in the US in the late 90’s/early 2000’s, nobody knew Taiwan existed. We came a long way 🇹🇼