Germany: Germany’s population is expected to rise to 965 million by 2050
Germany’s fertility rate, which has remained constant at around 1.2 children per woman, is expected by 2050 to hit 965m, the country’s statistics office said.
The country’s population will grow by just under 9% per year, compared with about 3.3% a year earlier, according to the data.
The rate of population growth has been slowing over the past two decades, with an average annual growth rate of 0.5% between 2000 and 2016.
The number of people aged 65 and over has more than doubled in the past 15 years, to more than 10.7m.
There will be about 2.5 million more people living below the poverty line by 2020, the statistics office’s forecast for the first time.
The overall rate of economic growth is expected increase to 2.4% in 2020, from 2.2% in 2019, as the country pushes ahead with plans to tackle the biggest threat to its economy: the ageing population.
The official rate of unemployment is expected at about 3%, down from about 7% in 2017.
In 2020, Germany’s unemployment rate will reach about 5%, down slightly from 5.3%, the countrys official statistics agency, BfV, said.
Germany’s economy is expected grow at its slowest pace since 2007.
It will also have the lowest growth rate in the OECD since 2009.