Will the foreign population of Japan exceed 5 million people by the 2025 census?
8
19
170
2026
14%
chance

This market aims to predict whether the foreign population of Japan will reach or exceed 5 million people for the 2025 census.

In 2020, the foreign population in Japan is approximately 2.76 million. Despite Japan's historically restrictive immigration policy, there are several factors that may contribute to an increase in the foreign population. This chart shows the growth of the foreign population of Japan between 1950 and 2020:

Demographic Challenges: Japan's aging population and declining birthrate have resulted in a shrinking workforce, which could push the government to relax immigration policies to fill the labor shortage. To maintain economic growth and social welfare, Japan might need to rely on foreign workers to supplement its workforce, especially in industries such as healthcare, construction, and agriculture.

International Relations: Japan's relationships with other countries, particularly those in Southeast Asia, could lead to agreements and policies that facilitate the flow of foreign workers to Japan. Such agreements could help Japan overcome labor shortages while also promoting cultural exchange and regional economic integration.

Government Initiatives: In response to the aging population and labor shortage, the Japanese government has introduced new visa categories and schemes, such as the "Specified Skilled Worker" program. Such initiatives could attract more foreign workers to Japan and contribute to an increase in the foreign population.


Economic Factors: As one of the world's largest economies, Japan remains an attractive destination for foreign professionals and investors. If Japan experiences strong economic growth, it could lead to an increase in the number of foreign workers and residents attracted by job opportunities and investment prospects.


Please note that this market will resolve to "YES" if the foreign population in Japan is reported to be equal to or greater than 5 million people by any official source for the 2025 census results. Otherwise, the market will resolve to "NO."

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Up to 3 million (as of March)!

Nevertheless, this seems pretty unlikely :(