Explore Germany's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Germany Population Distribution in 2021, by Age

  • Population of Germany reached 83.3 million in 2021 
  • 15-64 years was the largest population group in Germany in 2021 
  • 65 years and above was the second largest population group in Germany in 2021 

 

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. 

Germany Population Distribution 

The population of Germany reached 83.3 million in 2021. Germany had the largest population group with 64.2% (53.5 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 Germany with 22.0% (18.3 million) of the population. Below 15 years was the third largest population group with 13.8% (11.5 million) of the total population in 2021. 

Germany’s aging population is a risk to the economy. As a result, the country is expected to slide into a negative worker-replacement ratio, whereby more people retire from the workplace than enter it. The OECD anticipates that the German old-age dependency ratio (the number of individuals aged 65 years and over per 100 people of working age) will increase from 34.8 in 2015 to 63.1 in 2075, which means that there will be roughly one dependent per working-age individual. Germany won’t be sustainable in the long run. According to the OECD, the proportion of Germany’s young population (24–34 years old) with a tertiary education stood at 34.9% (in the same age group) in 2020, compared to the OECD average of 45.6% in 2020. 

Explore Germany's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Explore Germany's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Visit Report Store
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