11 Countries With Highest Aging Population

3. Germany

Median age: 46.5 years

Germany has the oldest nation in the Europe. With median age 46.5 and 21.45 percents of the population older than 65, the country is already facing the shortage of working force. The aging report estimates that by 2060 share of working age population will decline by 15 million while the percent of the older population will rise by two percent. This statistics means that expenditure for pensions and health care will put significant strain on the country’s budget. To deal with effects of aging population on the economy, Germany has opened its boards for foreign workers. Low qualified workers and medical professionals are in highest demand currently and people from less developed countries are seizing opportunities that Germany has to offer. In last year, hundreds of people only from Serbia immigrated to Germany. Additionally, Germany has extended the age of retirement to 67 years.