An Aging Population

The Spanish population is also set to get older, with the percentage of the population over 65 years of age predicted to reach the peak in 2050. Equally, the working-age population is also set to decline. The Spanish population between 20 and 64 years of age, which in 2022 is 60.7 percent of the total, is stated to be down to 53.1 percent by 2052.

In simple thoughts, with the population aging but the proportion of working people falling, this trend surely makes both Spain’s employment market and social care sector worrying. This is partly why the proportion of foreign-born residents is expected to rise so much in Spain. As the number of working-age Spaniards shrinks, a bigger immigrant workforce will be required to fill the gaps.