Global Aging Wave: 65+ Set to Surpass Younger Generations by 2060

A Census-based Axios analysis shows fertility below replacement in about 71% of countries in 2023, driving a shift to an aging world where the 65+ population will grow from 852 million in 2025 to 2 billion by 2060 and account for roughly 55% of net global population growth. The U.S. 65+ share rises to 23.4% by 2060, Asia leads the aging surge while Africa’s older population quadruples; the shift pressures pensions and health systems but also offers potential economic value if policies enable longer working lives and age-friendly jobs.