Global Demographic Outlook 2020 – Demographic Perspectives from the Antall József Knowledge Centre Research Team

Global Demographic Outlook 2020 – Demographic Perspectives from the Antall József Knowledge Centre Research Team

Péter Dobrowiecki Péter Stepper Alessandro D'Onofrio Dalma Bodolay Bianka Restás Zsombor Szabolcs Pál Ádám Éva Ágnes Vass Beáta Tóth Elina Herédi Zsolt Pálmai Emese Schwarcz Viktória Anna Papp Zsolt Csepregi Tamás Kozma Balázs Hamar, Dr | 2020 | 2020E07 | 2020-05-07

Global population witnessed an unprecedented growth in recent decades. From reaching 4 billion in 1974, 6 billion in 1999 and 7.8 billion people this year, the world’s population is set to reach the 8-billion mark in the very near future. This rapid growth will affect less developed nations the most; however, in strong contrast, economically advanced countries across the globe will witness a sharp drop in population, due to a set of mutually-aligned trends. Fertility rates under the 2.0-2.1 threshold required for a stable reproduction rate, combined with an increasing life expectancy, mean that these states will not only have fewer citizens, but will also have to find a solution for the increasing pressure on their current pension system, as a declining number of workers will have to support a growing number of pensioners.