Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Migration pushes EU population back to growth in 2022

Published 11/07/2023, 12:32
Updated 11/07/2023, 12:51
© Reuters. FILE PHOTO: Migrants rest in a shelter, following a rescue operation, after their boat capsized on the open sea, in Kalamata, Greece, June 14, 2023. REUTERS/Stelios Misinas/File Photo

By Olivier Sorgho

(Reuters) - The European Union's population rose for the first time in three years in 2022, boosted by migration into the bloc even as more people died than were born, the EU's statistics office Eurostat said on Tuesday.

The political alliance's population rose from 446.7 million on Jan. 1, 2022 to 448.4 million people a year later. The figure had declined for two consecutive years before this due to the impact of the COVID-19 pandemic.

"The observed population growth can be largely attributed to the increased migratory movements post-COVID-19 and to the mass influx of displaced persons from Ukraine who received temporary protection status in EU countries," Eurostat said.

Many European countries face declining or ageing populations due to a mix of lower fertility rates and higher life expectancy, a process that weighs on the demographic make-up of the economy as the proportion of working-age people shrinks. Proponents say migration is a key solution to this problem.

Eurostat said only seven countries recorded a drop in their populations in 2022, including Italy whose population fell by nearly 180,000 people.

The twenty remaining countries within the bloc saw their populations rise. The biggest increase was recorded in Germany with a rise of more than 1.1 million people.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.