A Demographic Reality: Portugal's Ageing Challenge
According to Statistics Portugal, the aging ratio reached 192.4 in 2024, confirming that Portugal is an aging population. This places Portugal among EU countries with a high proportion of elderly residents.
The Driving Forces Behind Portugal's Aging Demographics
Portugal's aging is mainly due to declining fertility rates and increasing life expectancy, a process known as 'double demographic aging'.
A Decline in Births
Portugal has low fertility rates, with 1.40 children per woman in 2024, below the level needed to replace the population. Factors include women's increased workforce participation and education.
Increased Longevity
Improved healthcare and living standards have increased life expectancy. The median age was 47.1 years in 2023. However, healthy life expectancy is not increasing at the same pace, posing challenges for quality of life in old age.
Migration Patterns
Emigration of young, educated Portuguese and decreased immigration post-2008 contributed to challenges. More recently, positive net migration has helped offset population decline and supports the workforce, though it hasn't reversed aging.
The Societal and Economic Consequences
An aging population affects Portugal's economy and society.
Strain on the Economy and Social Systems
- Reduced Workforce: A smaller working-age population can strain labor markets.
- Pension and Healthcare Costs: The increasing old-age dependency ratio means fewer workers support more retirees, raising costs for pensions and healthcare.
- Elderly Poverty: Elderly poverty remains a concern for those with lower incomes and health issues.
Demand for Elder Care and Support
The growing number of older adults increases the need for care services. Demand for long-term care is rising, and reliance on informal family caregiving is decreasing.
Portugal's Policy Responses and Initiatives
Portugal is addressing demographic challenges with policies promoting active and healthy aging. These include the Active and Healthy Ageing Action Plan (2023–2026), the National Network of Integrated Long-Term Care (RNCCI), Senior Universities through RUTIS, support for caregivers, and digital inclusion programs.
A Comparative Look: Portugal vs. The European Union
Portugal's situation is notable within the EU. It has a higher proportion of elderly residents and a lower healthy life expectancy compared to the EU average. Further information on EU demographic trends is available through the {Link: European Commission https://economy-finance.ec.europa.eu/economic-analysis-and-forecasts/economic-output-and-demand/ageing-report_en}.
Conclusion: Adapting to an Evolving Society
Portugal is clearly an aging population, impacting its economy, social systems, and healthcare. The country is implementing proactive policies like the Active and Healthy Ageing Action Plan and initiatives for long-term care to address these challenges.