Main results of the latest euro area demographic projections

Stephan Haroutunian, Leo Orlygsson and Joachim Schroth

Economic Bulletin Boxes, 2026, vol. 6

Abstract: This box presents the latest EUROPOP 2025 population projections for the euro area, documents the revisions compared with the EUROPOP 2023 projections and discusses the economic implications. The latest population outlook is more positive in the medium-run (until 2050) because of stronger net inward migration, which tempers the increase in age-related fiscal expenditure while boosting long-term economic growth. However, in the second half of the century the population is projected to decrease more strongly than previously projected as a result of lower fertility. This will have the opposite effect on public finances and long-term growth. JEL Classification: J11, J21, H55

Keywords: Demographic Trends; Fiscal Effects; Macroeconomic Effects (search for similar items in EconPapers)
Date: 2026-09
Note: 343309
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