Signal Greece ranked fourth worldwide for working age population loss by 2050

Summary

According to a recent UN report cited in the Megatrends 2040 report, Greece will rank fourth in the world in 2050 among countries with the largest drop in working-age population. The finding reinforces other projections showing Greece's workforce shrinking by at least 35% by 2060 and its old-age ratio climbing to 79.7%. OECD data further suggest Greece will see the largest productivity decline among EU countries due to ageing. The report expects that automation driven by new technologies may offset part of the workforce reduction. Nonetheless, the figures signal serious risks for Greek employment, growth and the sustainability of public finances.