Weekly Industry News

Population slowdown concern

Weekly Industry News

As a nation becomes more developed, the tendency is for its population growth to begin to slow. This phenomenon is being experienced in almost every developed country around the world.

Similarly, Malaysia in its pursuit to achieve developed nation status is also seeing a slowing pace of population growth.

The annual population growth rate of Malaysia is estimated to be 1.6%, according to the World Population Review which bases its data on United Nations population estimates and projections.

But according to Department of Statistics Malaysia, the country’s population growth has already declined past the 1.6% level. Data shows that Malaysia’s population growth rate is becoming slower each year.

From being at 2% in 2000, the natural population growth rate went down to 1.8 % in 2005, and then declined to 1.72% in 2009. It slipped further to 1.6% in 2010, then to 1.3% in 2011 and 1.2% in 2016. It is estimated to have fallen to 1.1% in 2018.

MediaTitle: Focus Malaysia

Date: 02 Mar 2019

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