(CNN)The number of births registered in Japan plummeted to another record low last year -- the latest worrying statistic in a decades-long decline that the country's authorities have failed to reverse despite their extensive efforts.
The country saw 799,728 births in 2022, the lowest number on record and the first ever dip below 800,000, according to statistics released by the Ministry of Health on Tuesday. That number has nearly halved in the past 40 years; by contrast, Japan recorded more than 1.5 million births in 1982.
Japan also reported a record high for post-war deaths last year, at more than 1.58 million.
Deaths have outpaced births in Japan for more than a decade, posing a growing problem for leaders of the world's third-largest economy. They now face a ballooning elderly population, along with a shrinking workforce to fund pensions and health care as demand from the aging population surges.
Japan's population has been in steady decline since its economic boom of the 1980s and stood at 125.5 million in 2021, according to the most recent government figures.
Its fertility rate of 1.3 is far below the rate of 2.1 required to maintain a stable population, in the absence of immigration.
The country also has one of the highest life expectancies in the world; in 2020, nearly one in 1,500 people in Japan were age 100 or older, according to government data.