There is huge uncertainty about whether fertility rates have reached a floor in those countries with the lowest rates. But even if they start to rise again, it is almost unavoidable that a rising number of countries will experience falling populations over the coming years. The downward impact on GDP is not in and of itself a major concern, but rising dependency ratios will have crucial fiscal implications.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services