Spain breaks the barrier of 10 million inhabitants over 65 and adds pressure on its pensions: "It is a structural challenge"

By 2046, Spain will have over 16 million people aged 65 and older, representing nearly 30% of the population. The aging population poses significant challenges for the economy, particularly regarding pension sustainability. The proportion of elderly has doubled since 1975, with a notable increase in those aged 80 and above. Experts emphasize the need for economic adjustments, including boosting productivity and employment rates, to support the pension system. Immigration plays a role in moderating aging effects, but the focus should be on integrating workers effectively. Addressing these demographic changes requires a comprehensive approach to labor markets and social policies.