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EU Population Declines For Second Straight Year

Tom Hagler by Tom Hagler
18.07.2022
in Finance
EU Population Declines For Second Straight Year
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EU Population Declines For Second Straight Year

The EU’s population has decreased for the second year running, reflecting the devastating impacts of the coronavirus, according to Eurostat.

As Statista’s Anna Fleck details below, the bloc’s population had been increasing year on year, hitting a pre-pandemic peak of 447,485,231 people on January 1, 2020. Where there were 447,000,548 people registered across the 27-country bloc in 2021, the number dropped to 446,828,803 by the start of this year.

While Covid is likely the main contributor to this decline, it’s not the only cause.

You will find more infographics at Statista

The EU has an aging population, with one in five people over the age of 65.

At the same time, fewer babies are being born, with the rate having fallen from 10.2 live births out of every 1,000 population in 2001 to 9.1 in 2020, according to Eurostat’s Demography of Europe 2022 report.

This means the natural change of the EU population is negative. While it’s been that way for about a decade, this decline had been masked by the net positive impact of migration, which was temporarily frozen due to the pandemic’s travel bans.

The data comes as the world nears its 8 billion mark. Despite natural declines in Europe and in several other countries, the world is on the whole seeing numbers continue to climb, albeit at the slowest rate of growth since 1950. India is set to become the most highly populated country on the planet as of 2023, overtaking China, according to the UN. An increasing population means there will be a greater demand for food, water and energy, placing more pressure on the world’s resources.

Tyler Durden Sun, 07/17/2022 – 09:55

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