Ireland’s population is ageing faster than any other country in Europe, according to a new Department of Health report, threatening to put significant strain on the healthcare system and other national services.The report, entitled “Health In Ireland – Key Trends,” claims that as it stands there are five taxpaying workers for every one pensioner over the age of 65. However, based on current birthrates, in 20 years time this ratio will drop to three to one.This could result in young workers being taxed at a far higher rate than they are currently to support the bigger proportion of elderly citizens within the state.The population of those over 65 in Ireland has grown by 35% in the past 10 years, which is a faster rate than the rest of Europe. This age group is expected to double over the next 20 years, and will be projected to make up more one-third of the working population, compared to one-fifth now.There will also be a large proportional increase in those over the age of 85.
Ireland has the fastest ageing population in Europe, report claims – Gript