
OECD: Global Fertility Halves to 2.2, Reshaping Labor and Pensions
The global fertility rate has dropped from about 5.0 children per woman in the 1960s to around 2.2 today, and OECD countries now average just 1.5. Experts suggest that this trend may reshape labor markets and public finances, as fewer babies mean more older people compared to workers. Reasons for lower fertility include higher education and work opportunities for women, later childbirth, high costs of housing and childcare, more birth control, and changing attitudes toward family. No single cause explains this change everywhere, but the effects may already be visible in pensions, economic growth, and regional differences.













