According to the report from the German Institute of Economics, from 2020 to 2040 there will be a decrease in the number of available workers. In 2020, there were 43.5 million people professionally qualified to work but by 2040, this figure is predicted to decline to 39.1 million. These projections are based on high immigration figures.
Forecast of the number of skilled workers in Germany from 2020 to 2040
(in millions, scenario: high migration)
The source gives two age ranges for people who are of the age to be able to work (20 to 64 and 20 to 69 years old). The figures in this statistic refer to people aged between 20 and 69.
The source provides three different scenarios regarding the future migration balance which can be used to derive various forecasts for the development of the supply of skilled workers in Germany. The basis scenario presented here is from a average migration balance: the Institute expects a decrease in net migrations from 386,000 in 2018 to 300,000 in 2026 and for it to remain at this figure.
According to the source, figures are based on the calculation of the population from the Statistische Bundesamt (2019).
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IW Köln. (April 7, 2021). Forecast of the number of skilled workers in Germany from 2020 to 2040 (in millions, scenario: high migration) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/
IW Köln. "Forecast of the number of skilled workers in Germany from 2020 to 2040 (in millions, scenario: high migration)." Chart. April 7, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/
IW Köln. (2021). Forecast of the number of skilled workers in Germany from 2020 to 2040 (in millions, scenario: high migration). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/
IW Köln. "Forecast of The Number of Skilled Workers in Germany from 2020 to 2040 (in Millions, Scenario: High Migration)." Statista, Statista Inc., 7 Apr 2021, https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/
IW Köln, Forecast of the number of skilled workers in Germany from 2020 to 2040 (in millions, scenario: high migration) Statista, https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/ (last visited November 23, 2024)
Forecast of the number of skilled workers in Germany from 2020 to 2040 (in millions, scenario: high migration) [Graph], IW Köln, April 7, 2021. [Online]. Available: https://www.statista.com/statistics/1342401/skilled-labor-force-with-high-immigration-germany/