Helsinki’s Mayor optimistic about population growth forecast for Finland by 2075

Thursday 24th October 2024 on 20:39 in Finland

finance

During a recent episode of A-Talk, Helsinki’s Mayor Juhana Vartiainen stated that the latest population forecast from Statistics Finland, if realized, would be positive news for the nation’s public finances. The forecast predicts that Finland’s population could reach 6.6 million by 2075, primarily driven by immigration. Vartiainen expressed hope that Finnish decision-makers would do everything possible to support the achievement of this forecast.

Statistics Finland bases its calculations on immigration figures from previous years, which have surged significantly in recent times, particularly due to the war in Ukraine. Participants in the discussion highlighted uncertainties surrounding the population forecast. Risto Murto, CEO of the pension insurance company Varma, pointed out that the forecast is not truly a prediction but a calculation based on the assumption that past trends will continue in the coming years.

According to Vartiainen, the current government has already taken substantial steps to facilitate labor migration, with Vartiainen representing the ruling National Coalition Party.

The 2024 population forecast suggests that Finland may see a population increase to 6.6 million by 2075, contrasting with earlier predictions that anticipated a decline in the 2030s. This change is attributed to increased immigration, as the number of people moving to Finland has risen significantly. The forecast assumes a net influx of 40,000 individuals annually from abroad after 2025. However, despite population growth, low birth rates are projected to lead to a decline in the number of children under 15.

Statistics Finland’s population forecasts, which rely on historical migration data, entail notable uncertainty. For more detailed projections regarding your municipality, refer to Yle’s article.

Source 
(via yle.fi)