The Path to 2075: The Positive Story of Global Aging

Goldman Sachs

Jan Hatzius

Research

21 Pages

Goldman Sachs argues that global aging may be less of a demographic crisis than many assume. Longer working lives are already offsetting weaker working age ratios, with developed market employment shares rising from 46.0% to 48.3% since 2000.

Key Takeaways

Working Lives Extended: Developed market life expectancy rose 5% since 2000, while median effective working life rose 12%.
Aging Looks Manageable: Developed market working age ratios fell from 67% in 2000 to 63%, yet dependency ratios have fallen.
Longevity Keeps Rising: Global life expectancy increased from 62 to 75 years over 50 years, with developed markets reaching 82 years.
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