According to the United Nations population data, Europe is home to the oldest population in the world. The report also says that one in four of all European are aged 60 and over. This ageing population presents numerous challenges for society as a whole.
Old-age dependency ratio in the EU increasing!
In another report from the European Commission, the total population in the EU is projected to increase to 520 million in 2070 from 511 million in 2016. However, the working-age population will decrease significantly to 292 million in 2070 from 333 million in 2016. Furthermore, the old-age dependency ratio in the EU is projected to increase by 21.6 percentage points, from 29.6% in 2016 to 51.2% in 2070.