Birth rates are declining in most of the world, including Australia. Here’s why that really matters

Birth rates have been declining worldwide since the peak of the post-second world war baby boom. Birth rates have now reached below replacement in most of the world, including Australia. Put simply, populations on average aren’t replacing themselves.

Everyone from Elon Musk to Italian Prime Minister Giorgia Meloni, to the pope have opinions on declining total fertility (or birth) rates – the average number of births per woman.

Overpopulation has dominated popular discourse since the 1960s. While fears of overpopulation remain, especially tied to immigration, concerns have shifted to depopulation and the related economic and national security issues.

Overpopulation fears to depopulation woes

In his 1968 book The Population Bomb, Paul Ehrlich warned the 1970s would bring “people, people, people, people” and an overpopulation “cancer” resulting in famine and war. Human extinction was imminent, we were warned.

Overpopulation-associated human extinction has not come to be.

The global total fertility rate has more than halved since 1950. Average birth rates for OECD countries now sit at 1.46 births per woman, well below the 2.1 required for generational replacement.

World population decline is projected by the mid-2080s. China is now in its fourth year of population decline. South Korea has........

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