The demographic dividend is the economic growth that may result from changes to a country’s age structure. The shifts in age structure are driven by a transition from people living short lives and having large families to living long lives and having small families. These changes can usher in better living standards for families and higher incomes per person.
Long-term fertility decline is the most important factor for accelerating and amplifying the demographic dividend. This is because declining fertility opens the window of opportunity for the dividend. Access to voluntary, rights-based family planning coupled with improved health and lowered desired family size leads to fewer children, and a growing share of working-age adults.
Find out more about the demographic dividend and family planning here.