New Zealand's Aging Population: Current Statistics
New Zealand's population is undergoing a significant demographic shift towards an older age structure, as highlighted by official statistics from Stats NZ. The number of people aged 65 and over has been consistently rising, influenced by the aging of the baby boomer generation and increased life expectancies. For detailed information on the current percentage and factors contributing to population aging, including ethnic variations, please refer to {Link: Stats NZ https://www.stats.govt.nz/information-releases/national-population-projections-2024base2078/} and {Link: OECD website https://www.oecd.org/en/publications/well-being-knowledge-exchange-platform-kep_93d45d63-en/new-zealand-s-data-explorer-on-the-well-being-of-older-people-65-years_aeb66cd6-en.html}.
Future Projections and Implications
Stats NZ projections indicate continued rapid growth of the elderly population. This trend will significantly impact social services, the economy, and housing. For a comparison of past and projected population percentages and the resulting impacts on social services and the economy, see {Link: Stats NZ https://www.stats.govt.nz/information-releases/national-population-projections-2024base2078/}.
Conclusion
New Zealand's elderly population is growing due to increased life expectancy and low fertility rates. As of 2024, there are nearly 900,000 individuals aged 65 and over. Projections show this number surpassing one million by 2028 and continuing to rise, significantly changing the country's demographic profile. This demographic shift presents challenges and opportunities for social policy, public services, and economic planning, requiring proactive measures to ensure the well-being of all New Zealanders.
Further reading: New Zealand's aging population: a critical review of challenges and solutions