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Italy possesses the oldest population in Europe, with a median age exceeding 47 years. As the baby boomer generation nears retirement, there is an impending demographic crisis: fewer young workers to replace experienced labor. The low birth rate, which stems from economic pressures and a focus on personal success post-World War II, has led to a scenario where by the next decade, Italy may experience a massive surge in retirees compared to the workforce, resulting in increased economic strain.
Such demographic shifts are likely to send young Italians searching for opportunities abroad, exacerbating the ongoing brain drain. A substantial portion of the population could dwindle dramatically by the end of the century, raising concerns about Italy's economic viability.