KILLER CHARTS

KILLER CHARTS

The world is running out of babies

Five charts to start your day

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James Eagle
May 29, 2026
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CHART 1 • The world is running out of babies

Demographic decline is no longer a rich-world eccentricity. UN data gathered by Our World in Data shows fertility below replacement across much of Europe, North America, East Asia and Latin America. The US, UK and France sit around 1.5 to 1.6 births per woman. South Korea is closer to 0.8.

Replacement level, usually simplified to 2.1, is not a magic threshold for every country. Mortality, migration and age structure all matter. But the direction is unmistakable: more societies are moving into a future with fewer children and more old people.

The divide with parts of Africa is profound. Some countries face labour scarcity, pension strain and school closures. Others face the challenge of creating enough jobs for young populations. The world is not running out of people evenly.

Chart

Source: Our World in Data, United Nations

Demography rarely feels urgent until it starts shaping everything else. Fewer births mean older electorates, tighter labour markets, heavier fiscal promises and a sharper fight over who gets to belong.

I’ve got four more charts on political approval, immigration, voter switching and inherited wealth. They show how the social consequences of ageing and inequality are already showing up in the data.

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