Back in 2014 the UK population was projected to be closing in on 75m by 2040.
Latest projections, released today, suggest we’ll have barely more than 70m people by then.
This is a big change.
Some will argue it’s good news. Others bad.
Either way, it’s enormously consequential.
Latest projections, released today, suggest we’ll have barely more than 70m people by then.
This is a big change.
Some will argue it’s good news. Others bad.
Either way, it’s enormously consequential.
According to the latest official population projections, the UK’s total fertility rate is now 1.59 (long term average of children per woman).
Down from 1.78 in 2018. BIG drop taking it down from comfortably above the OECD avg to below it (tho OECD avg will prob also fall too).
Down from 1.78 in 2018. BIG drop taking it down from comfortably above the OECD avg to below it (tho OECD avg will prob also fall too).
Blimey.
While overall UK population is projected to rise for the foreseeable future, @ONS projections say the Scottish population has now nearly peaked and will be falling quite rapidly by the middle of the century.
Whether this turns out to be right or not, it’s quite a chart.
While overall UK population is projected to rise for the foreseeable future, @ONS projections say the Scottish population has now nearly peaked and will be falling quite rapidly by the middle of the century.
Whether this turns out to be right or not, it’s quite a chart.
Another interesting q (h/t @stevewebb1): what does this spell re pensions?
Life expectancy at pension age is now 2yrs shorter than prev thought (mostly a pre-Covid effect btw).
So do we need to reconsider raising state pension age so fast? Due to rise to from 66 to 68 by 2039…
Life expectancy at pension age is now 2yrs shorter than prev thought (mostly a pre-Covid effect btw).
So do we need to reconsider raising state pension age so fast? Due to rise to from 66 to 68 by 2039…
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