MOST POPULOUS CITIES IN EUROPE CRACK

According to the IMF, this could slow down the country’s annual GDP growth by 1 percentage point in the next 30 years. And a decrease in a region’s working-age population can also have a significant impact on innovation and experience in the overall workforce.įor example, Japan’s population is also aging rapidly. AgeĪs the population ages, taxes may rise to help cover those inflating costs. Therefore, the bigger the elderly population, the more pressure put on a country’s social safety net. Typically, the retirement age population is not working and relies on pensions to support themselves financially. By 2100, this ratio is expected to increase to 57.īut what’s the real-life impact of this? The Impact of the EU’s Aging Population This meant that for every 100 working-age people, there were 32 elderly people. In 2021, the EU’s dependency ratio was 32. The graphic highlights the old-age dependency ratio, which measures the ratio of people 65 and above, and generally retired or needing supplemental income, compared to the number of people that are working age (15-64). In the article below, we explain how this shift could have a dire impact on the region’s economic growth. This graphic by Gilbert Fontana uses data from Eurostat to show how the EU’s population is projected to change by 2100. By the end of the century, more than 30% of the region’s population is expected to be 65 or older. Many countries and regions are expected to see rapidly aging demographics, and the EU is a notable example. View a higher resolution version of this map. With the emergence of smart and green cities, the quality of life for many urban dwellers will likely continue to improve, and more large urban areas will morph into megacities. Convenience, better jobs, easier access to social services, and higher wages are among the many reasons people are likely to continue to move to cities, even in the post-COVID era. While there are certainly downsides to mass urbanization, like pollution and overcrowding, the upsides clearly outweigh the negatives for most people. Since 2012, deaths in the EU have actually been outpacing births-and in 2019, there were 4.7 million deaths compared to 4.2 million births, though net migration kept population numbers from falling.

Urban growth will continue mainly in Asia and Africa, as some cities in regions such as Europe actually begin to shrink in population due to aging citizens and declining birth rates. In addition, Guangzhou, Shenzhen, and Chennai are all expected to meet the megacity definition by 2035. Specifically, it’s projected that Bangalore (India) and Lahore (Pakistan) will boot out Tianjin and Buenos Aires.

MOST POPULOUS CITIES IN EUROPE CRACK

Rankīy 2035, two new cities are expected to crack the top 20 list.

Here’s a closer look at the top 20 most populous cities. In fact, it’s expected that Delhi’s population could surpass Tokyo’s by 2028. Indian and Chinese cities, on the other hand, will continue to grow rapidly in the coming years. While Tokyo is the world’s most populous city with 37,393,000 people, this number is leveling out due to declining birth rates and an aging population. Interestingly, Mexico City placed third on the top largest cities list in 2010, but has since experienced slower growth compared to its competitors, Shanghai and São Paulo. Meanwhile, São Paulo grew by more than 2 million, and Mexico City gained just over 1.6 million people. While Tokyo only gained 559,000 people between 20, Delhi gained over 8 million people in the same time frame. How much have the world’s five most populous cities grown in just the last decade? Rank Prospects of better job opportunities and higher wages, along with shifts from agrarian to industrial and service-based economies, are causing mass movement to cities. Rural-to-urban migration is an increasingly relevant trend in the 21st century. Today, more than 80% of people in higher income countries find themselves living in urban areas, and in upper-middle income countries the number lies between 50-80%. This visualization, using data from Macrotrends, shows the 20 most populous cities in the world. This means that the world’s top 20 most populous cities are all megacities.

Megacities are defined as urban areas with a population of more than 10 million people. More than half of the world’s population currently lives in cities-and as time goes on, it’s clear that more urban dwellers will find themselves living in megacities. Ranked: The Most Populous Cities in the World

Most populous cities in europe