5 Fastest Declining Countries in Asia

3. Armenia

Population Growth = -0.38%

Armenia is the third fastest declining country in Asia, with a population growth rate of -0.38%. The country’s population, currently standing at 2.7 million, experienced a decline of 10,000 between 2021 and 2022. Many different factors contribute to Armenia’s sinking population, but the major causes are economic instability, emigration, and low fertility rates. Despite the population decline, Armenia is still one of the fastest growing economies in Asia.