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According to the results of the baseline population projections, the Hong Kong Resident Population is projected to generally maintain an upward trend over the entire projection period and reach 8.19 million in mid-2046, 0.78 million higher than the mid-2021 population.  Population ageing is expected to continue.  Excluding foreign domestic helpers, the proportion of elderly persons aged 65 and over is projected to increase from 20.5% in 2021 to 36.0% in 2046.

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Hong Kong's population is aging rapidly.The ageing trend is becoming a major concern in Hong Kong.

At present, one out of eight people in Hong Kong ages 65 or above.

As people are living longer and getting older, the average life expectancy is 80 and 86 for men and women respectively in 2010.

In 20 years’ time, one in every four Hong Kong residents will be 65 or above. By 2050, Hong Kong is forecasted by the World Health Organization to rank fifth in the world for cities with the largest percentage of older adults, i.e. 40% of the population in Hong Kong will be 65 or above.

This trend is accompanied by a rise in chronic diseases and increased healthcare needs.

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In 2019, approximately 43,900 elders aged 70 and above had a job in Hong Kong, whereas around 109,700 people aged 65 to 69 years participated in the labor force

Specifically, the share of elderly (i.e. aged 65 and above) increased from 11.7% in 1993 to 15.9% in 2013, and notably to 24.9% in 2023. Meanwhile, that of older persons (1.e. aged 55-64) increased from 11.2% in 1993 to 19.1% in 2023.

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In Hong Kong, several social security schemes and subsidies are available to support elderly residents. These include the Old Age Allowance (OAA), Old Age Living Allowance (OALA), and the Comprehensive Social Security Assistance (CSSA). Additionally, there are schemes like the Elderly Health Care Voucher Scheme and the Senior Citizen Card.

Old Age Allowance (OAA):

Eligibility: Hong Kong residents aged 70 or above.

Amount: A monthly payment of HK$1,640 (effective from February 1, 2025).

Note: This scheme is non-means-tested, meaning income and assets are not considered when determining eligibility, according to Senior CLIC.

Old Age Living Allowance (OALA):

Eligibility:
Hong Kong residents aged 65 or above with income and assets not exceeding the prescribed limits.

Amount:
A monthly allowance is provided, the amount varies depending on income and assets, according to the Social Welfare Department.

Note:
Individuals cannot receive both OAA and OALA simultaneously, according to 1823.

Comprehensive Social Security Assistance (CSSA):

Eligibility: Means-tested scheme for those in financial need, regardless of age.

Amount: The amount of assistance is determined based on individual circumstances and financial need.

Other Subsidies:

Elderly Health Care Voucher Scheme: Provides annual vouchers to elderly individuals for health services.

Senior Citizen Card: Offers various benefits and discounts to senior citizens.

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Hong Kong is experiencing a rapid aging of its population, with a significant increase in the proportion of elderly residents expected in the coming decades. The number of elderly people (65 and over) is projected to increase from 1.45 million in 2021 to 2.74 million in 2046, and the proportion of the population aged 65 and over is expected to rise from 20.5% to 36.0%. This means that by 2046, over one in every three people in Hong Kong will be elderly. The speed of aging will be particularly noticeable in the next decade, with the average annual increase rate of the population aged 65 and over projected to be 4.0% between 2021 and 2030 Hong Kong is experiencing a rapid aging of its population, with a significant increase in the proportion of elderly residents expected in the coming decades. The number of elderly people (65 and over) is projected to increase from 1.45 million in 2021 to 2.74 million in 2046, and the proportion of the population aged 65 and over is expected to rise from 20.5% to 36.0%. This means that by 2046, over one in every three people in Hong Kong will be elderly. The speed of aging will be particularly noticeable in the next decade, with the average annual increase rate of the population aged 65 and over projected to be 4.0% between 2021 and 2030

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In 2019, approximately 109,700 people aged 65 to 69 and about 43,900 people aged 70 and above were working in Hong Kong.

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Hong Kong's population is aging rapidly, with the proportion of elderly people (aged 65 and over) projected to increase significantly in then coming. Between 2018 and 2038, the size and share of the elderly population will almost double from 1.27 million and 17.9% to 2.44 million and 31.9% respectively. By 2038 , nearly one in three Hong Kong residents is expected to be elderly.The ageing patterns will continue throughout the projection period (up to 2066)

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Hong Kong offers various social security schemes to support its aging population, including subsidies for basic needs, healthcare, and assisted living

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In 2024 ,544600 people in hk age 60 or above are working (23.7%of the labour force)

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From the Census 2021 report of the Hong Kong Government, there are 212,500 elderly working in Hong Kong, which is about 14.6% of the population.

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Old Age Allowance is a monthly allowance for Hong Kong residents aged 70 or above to meet special needs arising from old age.

HK$1,620 per month.

Old Age Living Allowance is a monthly allowance to supplement the living expenses of elderly Hong Kong residents aged 65 or above who are in need of financial support.

HK$4,250 per month

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HKU Bulletin Study

By 2024, the city will officially be a 'super-aged society', meaning more than 21 per cent of people are aged over 65. By 2034, we will be ultra-aged, like Japan, with more than 28 per cent over 65.

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several government-provided subsidies and benefits support the elderly, including financial assistance and healthcare vouchers. The Old Age Allowance, also known as "fruit money," provides monthly payments to elderly residents. The Elderly Health Care Voucher Scheme provides annual vouchers that can be used for various healthcare services. Additionally, there are schemes for housing, carer support, and assistance with expenses related to health and mobility

Old Age Allowance (OAA):
A monthly payment of $1,290 to elderly Hong Kong residents, with no means test for the Higher Old Age Allowance given to recipients aged 70 or above.

Elderly Health Care Voucher Scheme:
Provides an annual $2,000 voucher for eligible elderly persons to use for various healthcare services, including medical practitioners, Chinese medicine practitioners, dentists, and other related professionals.

Rent Allowance for Elderly Scheme:
A pilot scheme that provided cash rent allowances to elderly applicants to lease private accommodation in lieu of public rental housing allocation. The scheme has been phased out, but existing beneficiaries can choose between PRH units or cash rent allowances.

Scheme on Living Allowance for Carers of Elderly Persons from Low-income Families:
Provides a living allowance to carers of elderly persons from low-income families.

Elderly Health Care Voucher Pilot Reward Scheme:
A pilot scheme providing a $1,500 reward once a year to eligible elderly people.

Priority Public Rental Housing Schemes:
Various schemes are available for elderly individuals and families who need public rental housing, including schemes for single elderly persons, elderly couples, and harmonious families.

Senior Citizen Card:
Provides proof of age to facilitate access to concessions, discounts, and priority services offered by various government departments, public transport, and private businesses.

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Employment: Older workers often face challenges in job retention and hiring. Employers may favor younger candidates, leading to age bias in recruitment processes.

Workplace Culture: Stereotypes about older employees being less adaptable or tech-savvy can result in exclusion from training opportunities and promotions.

Social Perception:There is a societal tendency to undervalue the contributions of older adults, which can lead to isolation and reduced participation in community activities.

Policy Gaps:While some policies aim to protect the rights of older individuals, enforcement and awareness are often lacking, making it difficult for older adults to seek redress.

Healthcare Access: Discrimination may also extend to healthcare, where older adults might receive less attention or be perceived as less deserving of certain treatments.

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According to South China Morning Post, in 2019, about 43,900 elders aged 70 and above had a job in Hong Kong, while approximately 109,700 people aged 65 to 69 years participated in the labor force, according to statistics. In 2023, the share of elderly (65 and above) in the workforce increased to 24.9%.The labour force participation rate among the elderly stood at 13.9% in the first quarter of 2024