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But the world’s largest economies are already there: The total fertility rate among the OECD’s 38 member countries dropped to just 1.5 children per woman in 2022 from 3.3 children in 1960.
The declining fertility rate became more concerning following the Great Recession between 2007 and 2009, when fertility rates dropped below 2.1 children per woman.
The findings, released Nov. 9, use data from the 2020 Census to illustrate how fertility, aging population and lower rates of migration than previously projected contribute to eventual population ...
[47] [48] By 2023, the total fertility rate of the United States fell to 1.62, the lowest since 1979. [49] The rate of population growth in the early 2020s was at a historic low, driven mainly by immigration. [50] At current trend, Millennials are on track to have the lowest birth rate in history.
The replacement fertility rate is 2.1 births per female for most developed countries (in the United Kingdom, for example), but can be as high as 3.5 in undeveloped countries because of higher mortality rates, especially child mortality. [11]
Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". [1]
Greenwood and Seshadri (2002) show that from 1800 to 1940 there was a demographic shift from a mostly rural US population with high fertility, with an average of seven children born per white woman, to a minority (43%) rural population with low fertility, with an average of two births per white woman. This shift resulted from technological ...
Women in the United States are having babies less often, and the fertility rate reached a record low in 2023, according to data from the US Centers for Disease Control and Prevention.