The Italian population will reach 67 million by 2050, while the old-age dependency ratio – the number of people over 65 compared to the number of people aged between 15 and 64 – will rise from the current 33% up to 53%. This is what emerges from a report by S&P Global Ratings.
Aging-related government spending, according to Standard & Poor's, is expected to grow from 24,4% to 25,2% of GDP, before declining to 24,7% in 2050. Pensions account for the majority of total age-related spending. to ageing.
"Despite the high level of public debt - writes S&P - Italy has in the past undertaken extensive reforms of the pension system to contain the consequences of population aging in terms of budget and, in this sense, is in a more favorable situation compared to other European countries".
