April 2026

Germany’s birth rate reached lowest level on record in 2025

Germany's birth rate fell to its lowest post-World War II level in 2025. According to preliminary figures from the Federal Statistical Office (Destatis), around 655,000 live births were recorded in 2025, compared to around 680,00 in 2024. Last year, the country recorded more than one million deaths. This brings the birth deficit to around 350,000, setting yet another record. Declining birth rates for the fourth year in Germany Last year marked the fourth consecutive year of decline in the birth rate and the lowest level since 1946. Germany's current replacement rate is at 1.35...

UK ageing accelerates as over‑85 population set to double

The UK’s population is ageing rapidly, with the number of people aged 85 and over projected to double over the next 25 years, new figures from the Office for National Statistics (ONS) have shown. The data revealed there were 1.75 million people aged 85 and over in mid‑2024, accounting for 2.5 per cent of the population, a figure expected to rise to 3.6 million, or 4.9 per cent, by mid‑2049. Over the same period, the number of people of pensionable age...

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer. Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a December blog post, citing Federal Reserve data. Compared to 1989, when those over 70 years old held 19% of the wealth in the household sector, older Americans now own 31% of the wealth. That chunk of change is an outsize share compared to other generations....

Australia. More than 3 million Australians over 65 to pay more for private health

More than 3 million Australians aged over 65 will have to pay hundreds of dollars more for their private health insurance per year, in a move the federal government argues will re-establish fairness between generations. In a major pre-budget speech at the National Press Club on Wednesday, Health Minister Mark Butler announced sweeping changes to the National Disability Insurance Scheme and aged care. As part of this, he revealed older Australians would no longer be given special treatment and would now have to...

Mobile seniors and local economic development

Despite population ageing worldwide, little is known about the economic effects of retiree immigration. Using data from France over 1968–2008, this column documents retiree migration patterns and their implications for local economies. Around the statutory retirement age, retiree mobility increases, predominantly towards poorer and more rural areas. Their arrival leads to significant local economic gains, including increased employment, more construction, and higher local tax revenues. Mobile seniors have become a significant force for reducing the concentration of employment and...

Older People Are Hoarding the US’s Potential

Mr. Moyn is the author of the forthcoming “Gerontocracy in America.” “Ageism” identifies an enduring phenomenon: the mistreatment of older people for no reason other than being older. Americans in middle age and beyond are routinely passed over for opportunities because of the irrelevant fact of a number on paper or how they act and look after getting older. In today’s world, the unfair discrimination they cite coexists with a different kind of unfairness: a gerontocratic society in which the old...

The Gray Tide: Latin America’s Demographic Transformation

For more than 25 years, Jardín Sonrisitas (“Little Smiles Kindergarten”) taught kids their ABCs in Villa del Cerro, a working-class portside district in Uruguay’s capital. But in December, the beloved kindergarten closed: one of three local creches to shut in as many years. Today, the building’s shutters are pulled down, its outdoor play equipment piled to one side. The reason is simple, said Catalina Clara, 38, whose six-year-old daughter was one of the last four students: “People aren’t having many...

SMU launches Longevity Societies and Economies Institute to advance knowledge and innovation for Singapore’s longevity transition

Singapore Management University (SMU) has launched the SMU Longevity Societies and Economies Institute (LSEI) which will focus on the economic and societal transitions needed for economies and societies to continue thriving despite an ageing population. The Institute was launched on 14 April by Ms Indranee Rajah, Minister in the Prime Minister's Office, Second Minister for Finance and Second Minister for National Development, at the World Ageing Festival 2026, organised by Ageing Asia with SMU as the Co-host and Academic Pillar Partner. Singapore is already...

Vietnam taps silver economy to drive growth amid rapid aging

The silver economy offers a new perspective on population ageing: instead of treating it as a burden, it is seen as a major economic opportunity. In the global development landscape, the “silver economy” is no longer an unfamiliar concept but an inevitable trend. For Vietnam, building an economic ecosystem that adapts to rapid population ageing is not only a social welfare solution but also a gateway to a new, sustainable and humane growth model. The silver economy offers a new perspective...

The Impact of Ageing on the Fiscal Sustainability of EU Health Care Systems: Projections and Policy Responses

By Boriana Goranova & Santiago Calvo Ramos  This Economic Brief analyses the effects of the expected population ageing on the public expenditure on health care in the EU, discusses the different policy options and finally describes the activities in this field by the European Commission. Get the report here