Economists assessed how much working-age population Ukraine has lost

According to hvylya.net: Population aging in Ukraine is rapidly increasing, and the demographic crisis is becoming ever more pressing. The share of individuals aged 65 and older has increased from 12% in 1991 to 22% in 2024. Despite the government adopting a demographic strategy until 2040, forecasts remain grim, predicting a population decline to 25.2 million people by 2051.

According to the Kyiv School of Economics (KSE), the war in Ukraine has resulted in a loss of about 40% of the working-age population. More than 1.7 million Ukrainians who were previously employed in the country are now abroad, which makes up more than 10% of the pre-war economically active population.

Demographic changes significantly affect the labor market in Ukraine. Data shows that 74% of employers are facing a shortage of personnel, with a staff deficit in companies of about 15% from their workforce. Currently, Ukraine needs an additional 4-5 million people to restore its economy.

According to experts, Ukraine is facing a serious demographic crisis that affects the labor market and threatens the country's economic growth. The decrease in the working-age population due to the war and aging is causing a labor shortage and hindering economic recovery.