How will Germany's declining population effect productivity? To maintain today's productivity, there are three options: increase the labor force through immigration and underemployed groups; increase the number of years or hours worked; embrace automation. Otherwise Germany could lose a 6th of its productivity by 2035.

2. Shrinking wealth:
Germany may
lose almost
a sixth of its
GDP per capita
by 2035 due
to aging

3. GDP per Capita (%)*
80
94
96
98
100
92
90
88
86
84
82
GDPperCapita(%)
Germany Japan US UK
2015201620172018201920202021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045204620472048204920502051205220532054205520562057205820592060
*Indexed to 2012; source: IMF, UN

4. By 2035, Germany
would need
5 million more
workers
to maintain
its current wealth

5. Required Increase in Labor Force (%)*
0
20
25
15
10
5
IncreaseinLaborForce(%)
2015201620172018201920202021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045204620472048204920502051205220532054205520562057205820592060
Germany Japan US UK*Indexed to 2012; source: IMF, UN,
OECD, national statistical offices

6. In 2035, German
workers would have
to produce 17% more
per working hour to
maintain the nation’s
current wealth
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7. Required Increase in Productivity (%)*
0
20
25
15
10
5
IncreaseinProductivity(%)
2015201620172018201920202021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045204620472048204920502051205220532054205520562057205820592060
Germany Japan US UK*Indexed to 2012; source: IMF, UN,
OECD, national statistical offices

8. Required Increase in Working Time (%)*
0
7
8
9
10
6
5
4
3
2
1
IncreaseinWorkingTime(%)
2015201620172018201920202021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045204620472048204920502051205220532054205520562057205820592060
Germany Japan US UK*Indexed to 2012; source: IMF, UN,
OECD, national statistical offices

9. projectm-online.com