By 2030, the number of citizens aged 65 and up will double to 900,000.
Singapore’s aged population has increased at a faster pace than the rest, this chart from Maybank shows.
Quoting estimates from Singapore Population White Paper, Maybank estimated that by 2030, the number of citizens aged 65 and above will double to 900,000 and they will make up 1-in-4 of total citizens, from 1-in-8 in 2015.
Moreover, hospital admission rate and prevalence of chronic diseases for those aged above 65 yr-old has at least 19% chance of being admitted, while the population below 60 has less than 11% chance of being admitted.
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