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Italy’s population is ready to say no by virtually a fifth over the subsequent 5 a long time on account of a steadily falling birthrate, the nation’s statistics company ISTAT stated on Thursday.
A shrinking and ageing population is a serious fear for the euro zone’s third-largest nation. Among different issues, it’s linked to falling productiveness and better welfare payments.
According to a baseline situation, Italy’s inhabitants will shrink from 59.2 million in 2021 to 54.2 million in 2050 and 47.7 million in 2070, a press release stated.
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Meanwhile, Italians aged 65 or over will account for 34.9% of the population in 2050, leaping from 23.5% in 2021, whereas the common age will rise to 50.6 from 45.9 over the identical interval.
ISTAT acknowledged that long-term demographic forecasts had been topic to “deep uncertainty”, however stated it was “almost certain” that Italy’s population would lower.
In a worst case situation, the population loss by 2070 may very well be as excessive as 18 million people, ISTAT stated, though below one of the best circumstances it forecast a drop of simply 4.2 million.
The company famous that Italy has been dealing with unfavorable demographic tendencies for about 15 years, solely partially mitigated by immigration.
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ISTAT reported 399,431 births in 2021, down from 404,892 in 2020, the bottom determine because the nation was unified in 1861. Deaths final 12 months totaled 709,035.