Global Population: Overview
The entire number of people living in a nation or area is referred to as its population. The economy, female fertility rates, birth rates, mortality rates, healthcare facilities, expanding urbanization, immigration and emigration rates, education, and other social and cultural elements are only a few of the many variables that affect a nation's population growth.
Currently, the global population is growing at a low single-digit annual rate. The population is projected to grow by 81 million people annually. The population of the world has more than doubled between 1959 and the 2000s. The annual rate of population increase reached its high in the late 1960s. The pace of increase has nearly halved since then, and it is anticipated that it will continue to decrease globally in the coming years.
Austria Population Distribution
The population of Austria reached 9.0 million in 2021. Austria had the largest population group with 66.3% (5.94 million) of the population falling into the working-age group of 15-64 years. 65 years and above, was the second-largest population group in Austria with 19.2% (1.72 million) of the population. Below 15 years was the third largest population group with 14.5% (1.29 million) of the total population in 2021.
Austria had the largest population between 2017 and 2021, with more than 8.9 million people. In 2021, the country's male and female population reported a high population growth. Austria's population has been expanding steadily since the 1960s.
Austria’s aging population is expected to have a serious impact on public finances, economic productivity and its workforce. The proportion of the population over the age of 65 has been steadily increasing from 17.6% in 2011 to 19.2% in 2021, according to GlobalData. According to OECD forecasts, the old age dependency ratio is expected to reach 56.0% of the working age population in 2050, while the working-age population is expected to decline from 2020 onwards.
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