The World Now Has More Seniors Than Young People - for the First Time In History
"There are now more seniors in the world than young children," reports the International Business Times, citing a new report from the U.S. Census Bureau report. And it warns that "The share of the population aged 65 and over is projected to nearly double, from 10.5 percent (about 1 in 10 people) in 2025 to 19.6 percent (about 1 in 5 people) by 2060." The world is expected to add another 2 billion…
For the first time ever, there are more senior citizens in the world than young children, according to a new report from the U.S. Census Bureau. The share of the population aged 65 and older is expected to nearly double, rising from 10.5 percent in 2025 to 19.6 percent by 2060. This demographic shift will be driven by a projected population growth from 8 billion in 2025 to around 10 billion in 2060, with over half of the increase coming from the aging population.
In contrast, the population aged 0-19 is projected to remain relatively stable due to low fertility rates. The majority of countries now have birthrates below the replacement level of 2.1, with China experiencing a significant decline. Longer life expectancy and lower fertility rates are key factors contributing to this trend.
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