The global population continues to rise annually, presenting both developed and developing nations, including the Maldives, with the challenge of an increasing number of senior citizens.
In the Maldives, a strong working-age population is crucial for economic stability. However, the national birth rate has significantly decreased, while the number of senior citizens has risen. Recent national population census results have revealed several demographic concerns.
According to the Maldives Bureau of Statistics, the total population stands at 515,132, with only 382,639 being local residents. Of the population, 76% are between the ages of 15-64, and only 20% are under the age of 15. This demographic shift indicates a rapid move towards an aging population without adequate facilities or resources to support it. Additionally, the annual decline in birth rates is a major concern.
From 2014 to 2022, the population increased by 382,751 individuals, averaging an annual increase of 5,500 children. As the Maldives approaches an aging population with a decreasing birth rate, a significant decline in the working population is anticipated, potentially reducing national productivity. Importing human resources to fill workforce gaps could further strain the nation's economic performance.
Senior government officials emphasize the limited time available to address these issues, highlighting the importance of holding meetings to discuss potential solutions. Some sources suggest that the declining birth rates are linked to challenges stemming from the housing crisis. Additionally, the insufficient time allocated to families due to work demands and the financial challenges faced by couples with multiple children have been highlighted as contributing factors.
Similar to other countries that have implemented measures to address these issues, the Maldives must urgently address its population problems at the national level.