The best regulated crypto exchange
Find out why?
50 BTC prize pool!
Get your share!
I'm in

Germany’s population reaches record high but growth is slowing

By Elena Berton

The number of people living in Europe’s largest economy increased in 2019 only because of migration

Germanys population reaches record high but growth is slowing

Germany's population last year grew to a record high, but at a slower rate since 2012 and only due to migration, according to data released by the Federal Statistics Office.

It increased by 200,000 to reach 83.2 million in 2019, the statistics office said.

Between 770,000 and 790,000 people were born in Germany while roughly 930,000 died. The number of net arrivals from abroad last year is estimated between 300,000 and 350,000.

Since the reunification three decades ago, the country’s population has kept growing – except in 1998, 2003 and 2010 – entirely thanks to net immigration.

“Without the migration surplus, the population would have fallen since 1972 because more people died than were born in each year ever since,” the statistics office said.

As a result, Europe’s largest economy has one of the world's oldest populations, putting a strain on the public pension system and creating skill shortages amid a cooling economy.

Germany has received more than a million people since 2015 as they fled their war- and poverty-ravaged countries.

FURTHER READING: Germany avoids recession with modest return to growth

FURTHER READING: A new age: Is the UK ageing population a problem?

Like to share your thoughts and ideas about crypto and trading? You could join us as an external author. Email us on [email protected] to find out how you could become a contributor.
Subscribe to news
iMac Image
The most beautiful trading app
google play storeapple store
iPhone Image
iPhone Image