People over the age of 65 will make up more than one-third of Greece’s population by 2050 due to low birth rates, compared to 24% today, according to a study by the Institute for Demographic Research and Studies published by in.gr. Meanwhile, the number of people aged 20 to 64, in the working age group, will decrease, and the country’s overall population will decline by 1.3 to 1.5 million.
Two main factors are contributing to this: the decline in the population of women of childbearing age since 1980, and the migration of people aged 25 to 45, either for studies or work (brain drain).
The study also notes that it is not just highly educated individuals leaving the country, resulting in gaps in various sectors of the workforce
According to the study, if Greece attracts around 700,000 new immigrants over the next 25 years, the problem will be mitigated.
One solution would be to reduce unemployment in the demographic groups with the highest unemployment rates, namely young people, women, and older individuals aged 50-64.
Specifically, if employment rates increase from 67% to 82% by 2050, the decline in the workforce due to low birth rates could be limited.
The study concludes that the demographic problem is not just numerical; it is complex and requires a plan, investments in education, labor, healthcare, and a more effective immigration policy.