Population could hit 5m by 2014

 

If the recent trends of high net inward migration and relatively high fertility rates were to broadly continue, then Ireland's population - which, according to the 2006 census, stood at 4.25 million - would reach 5 million by 2014.

This can be seen from a report on population and labour force projections just published by the CSO.

However, with zero net migration and declining fertility, the population is projected to reach just 4.9 million by 2041.

Population and Labour Force Projections 2011-2041 presents population projections, based on a number of contrasting scenarios relating to future trends in fertility, mortality and migration, for the period 2011 to 2041 and Labour Force projections for 2011 - 2021.

The migration assumptions are the most important factor in determining the projected population outcomes - the three chosen range from zero (M0) to a sustained high net inward flow of almost 40,000 per annum (M1) over the projection period.

The CSO publication reveals that, irrespective of the combination of assumptions used, there will be between 1.3 and 1.4 million persons aged 65 years and over in 2041, compared with 460,000 in 2006. This implies that 20 to 25 per cent of the population will be aged 65 years and over in 2041, compared with 11 per cent in 2006.

The population aged 5-12 years - corresponding to children of primary school-going age - is projected to increase by at least 10 per cent in the next decade, even with zero net migration and falling fertility rates. However, if net immigration continues at close to its current high rate and fertility remains at 1.9 children per woman, then the number of primary school children would increase from its present level of over 450,000 to 650,000 by 2025.

With assumed zero net migration (M0), the population of working age (15-64 years) is projected to increase by 0.4 per cent per annum in the period to 2021. The corresponding annual increases under M2 and M1 would be 1.4 per cent and 1.7 per cent, respectively.

Applying assumed labour force participation rates to the working age population yields labour force projections for the next fifteen years. Under M0, the labour force is projected to grow by just 13,000 annually in the period to 2021, compared with 61,000 annually between 1996 and 2006. The corresponding annual increases under M2 and M1 would be 40,000 and 50,000 respectively.

The female share of the labour force is projected to remain unchanged at just over 42 per cent in the period to 2021.

To download Population and Labour Force Projections 2011-2041 - Click Here