Italy’s population could shrink by 11.5 million by 2070 —agency

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Italy's population is set to decline by almost a fifth over the next five decades as a result of a steadily falling birthrate, the country's statistics agency ISTAT said on Thursday.

People walk down a street near the parliament ahead of the September 25 snap election, in Rome, Italy September 22, 2022. REUTERS/ Guglielmo Mangiapane

A shrinking and ageing population is a major worry for the euro zone's third-largest country. Among other things, it is linked to falling productivity and higher welfare bills. Meanwhile, Italians aged 65 or over will account for 34.9% of the population in 2050, jumping from 23.5% in 2021, while the average age will rise to 50.6 from 45.9 over the same period.

In a worst case scenario, the population loss by 2070 could be as high as 18 million people, ISTAT said, although under the best circumstances it forecast a drop of just 4.2 million.

 

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Countries are complaining because of a declining birth rate which hurts their economic growth. Others complain of overpopulation straining the earth resources. So what should we be complaining about?

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