India's Population Aging as Fertility Falls Below Replacement

Moody's Ratings reported that India's population is expected to age significantly later this century due to a decline in fertility rates below the replacement level. This demographic shift will reduce the workforce and consumer demand, impacting economic growth. Globally, fertility rates have dropped from 4.9 children per woman in 1950 to about 2.2 today, with over 70% of the world living in countries at or below replacement fertility.

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