Czech Demographic Crash


 
Once having over 8 workers supporting each retiree in 1950, Czechia is estimated to have less than 2 by 2050. This is because, like many EU countries, Czechia’s fertility rate has fallen below replacement levels in recent decades, leading to a declining workforce, while, simultaneously, retirees are living increasingly longer [subscriber only: The EU Faces Serious Depopulation, Starting Now].

Number of Workers to each Dependent (65+) in Czechia
The working-age population represents those aged 15 to 64. Period: 1950-2050.
Czech Demographic Crash




The 65+ age cohort costs Governments more in terms of pensions, and medical and care costs, than any other demographic group [subscriber only: ‘The Alarming Cost of Aging Demographics’]. In 2023, nearly half of Czechia’s expenditure on social protection went towards the category of ‘old age and survivors’ – mainly constituted by expensive pensions. This generational tax burden is therefore rising at an unsustainable rate.

More for subscribers:  
See more...See more data for Czechia...
See more...See more data for the European Union...
See more...See more 'Number of Workers to Each Elderly Dependent' data...




More perspectives using World Economics data