Germany has highest share of older workers in EU
Nearly 24% of Germany's workforce is aged 55–64 in 2024, driven by an aging population and rising retirement age to 67 by 2029, Destatis reports.
- On Tuesday Destatis reported Germany has the highest share of workers aged 55–64 in the EU in 2024, with roughly 9.8 million in this age group.
- Destatis said the trend reflects Germany's population ageing and retirements occurring later, tied to statutory retirement policy and a population of almost 84 million.
- Across the EU, the average share of workers aged 55–64 was around one fifth, with Germany leading at almost 24 percent in 2024, Destatis reported.
- Policy implications include that experts say it is crucial for Germany to work longer, as the statutory retirement age rises to 67 by 2029 and average retirement timing shifts, according to Destatis.
- Comparing with 2004, the average retirement age rose to 64.7 years in 2024 from 63 for women and 63.1 for men, showing a trend toward later retirement.
56 Articles
56 Articles
New figures show that Germany has the oldest working population in the EU. One in four workers in this country is older than 55 and will soon retire because the fatal trend towards early retirement is unbroken.
In no other member state of the European Union are employees on average as old as in Germany. This is shown by figures from the Federal Statistical Office. In addition to the ageing of the population, this is due to the fact that the people in this country went into retirement more and more later, the statisticians explained.
Workers between the ages of 55 and 64 make up a quarter of the working population, representing almost 10 million of the 41 million people aged 15 to 64 in the first European economy.
The retirement age in Germany is rising continuously. More and more people are working at an older age, which significantly changes the age structure of the working world. Germany has the oldest working population in the EU. No-one is working at any time more people between the ages of 55 and 64. The Federal Statistical Office has confirmed this on the basis of data from Eurostat. Germany: Old [...]
Almost a quarter of the workforce is 55 years and older, which means that Germany has the largest proportion of older workers in the EU. This is problematic for the pension system.
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