population has continued to decline, with negative growth beginning in 2021 (Table 2). UN estimates reveal that by 2070, the global population aged 65 and above will account for 20.1% of the total population. In line with this, the NDC projects that by 2025, over 20% of Taiwan's population will be 65 years or older, marking the transition to a super-aged society. By 2070, the population aged 65 and above is expected to reach 7.08 million, making up 43.6% of the total population (Table 3). Table 2 Taiwan’s Labor Force and Annual Growth Rate Year Labor Force (Unit: K People) Annual Growth Rate (%) 2014 11,535 0.79 2015 11,638 0.89 2016 11,727 0.76 2017 11,795 0.58 2018 11,874 0.67 2019 11,946 0.60 2020 11,964 0.15 2021 11,919 -0.38 2022 11,853 -0.55 Source: MOL Table 3 Estimated Population Aged 65 and Above and Their Proportion of the Total Population Year Population Aged 65 and Over (Unit: K People) Total Proportion (%) 2000 1,921 8.6 2015 2,939 12.5 2020 3,787 16.1 31