Macroeconomic effects of demographic aging in Austria. Bertelsmann Stiftung Country Sheet, December 2019

López, Martina Lizarazo and Petersen, Thieß (2019) Macroeconomic effects of demographic aging in Austria. Bertelsmann Stiftung Country Sheet, December 2019. UNSPECIFIED.

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Abstract

According to projections, the working-age population in Austria is going to age in the next 30 years, but is expected to shrink only slightly starting in the mid-/ late- 2020s. The expected decline is by about 2% between 2018 and 2050 (see Fig. 1). This overview shows how demographic aging (the scenario “projected population”) in Austria until 2050 will affect key macroeconomic indicators, compared to a scenario in which the population remains constant at the level of 2018 (the baseline “constant population (2018)”).

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