5 Countries Where Much or Most of Population Lives in Cities

1. Hong Kong

Urbanization Rate 2024: 100%

Having a population of 7.5 million, Hong Kong’s economic struggles post-pandemic were due to a mix of temporary and long-term issues. Increasing local interest rates and a strong currency made property investment less appealing, and pricey shopping deterred tourists and locals. To combat talent shortage and an aging population, the government aims to bring in more skilled workers from mainland China through visa schemes. So far, over 100,000 applications have been approved, and this effort might help with Hong Kong’s demographic challenges if it stays attractive to potential applicants.

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