Global Decline in Birth Rates

Fertility rates are declining significantly across the globe, with a substantial portion of the world's population living in countries experiencing sub-replacement fertility levels. This trend is predicted to lead to a shrinking workforce, as the size of working-age groups starts to diminish unless offset by immigration. Societal impacts include changes to daily routines, family dynamics, and public finance as smaller families contribute to aging populations. As a result, countries facing low birth rates must navigate the challenges of sustaining economic growth and social structures amidst these demographic shifts.