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Romania's population to fall by 4.5 mln. until 2060, dependency ratio to triple to 65%

Romania's population will fall by 4.5 million inhabitants by the year 2060, reaching 16.9 million inhabitants, shows data released today by EUROSTAT. Romania will have in this period the fourth sharpest decline in population among the 27 EU states: 21%, after Bulgaria (28%), Latvia (26%) and Lithuania (24%). Also, the old-age dependency ratio in Romania will triple until 2060, from 21.3% in 2008 to 65.3% in 2060, the same data shows.

The demographic timebomb is preparing to blow all over Europe, hitting especially the Eastern part of the continent - the only counterattack being private savings for retirement. Data by EUROSTAT shows that Romania will go from 4.7 working-age adults supporting one pensioneer in 2008 to just 1.5 working adults per pensioneer in 2060.

At EU level, the demographic projections show that EU's population will increase until 2035 (by natural means until 2015 and immigration-sustained until 2035) and will start to fall until 2060. EUROSTAT's release today confirms the demographic timebomb is affectig all of Europe, but especially the CEE states.


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