May 21, 2015

The Growing Population of Older People in the U.S., Germany and Italy

% of population age 65 or older

In 2015, Germany and Italy are already at a level the U.S. may reach in 2050.
projected
——— Germany

——— Italy

——— U.S.
Year U.S. Germany Italy
1950 8.3 9.6 8.1
1960 9.2 11.5 9.5
1970 9.8 13.6 11.1
1980 11.3 15.6 13.4
1990 12.5 15.0 14.9
2000 12.4 16.3 18.3
2010 13.1 20.8 20.3
2020 16.6 23.1 22.8
2030 20.2 28.2 26.8
2040 21.2 31.8 31.7
2050 21.5 32.7 33.0
Source: United Nations, Population Division of the Department of Economic and Social Affairs, World Population Prospects: The 2012 Revision

 

The United States is turning gray, with the number of people ages 65 and older expected to nearly double by 2050. This major demographic transition has implications for the economy, government programs such as Social Security and families across the U.S.