Luxembourg's population will reach 781,000 people by 2100 after peaking at 787,000 in 2075. Projections have been slashed consecutively since 2013.

While the European Union's overall population is projected to decrease by 2100, Luxembourg will see an increase of 21% (compared to 2022).

In fact Luxembourg will be one of few EU nations experiencing such rapid population growth this century.

Only Malta, Sweden, Cyprus and Ireland will outgrow Luxembourg in percentage population change (increases between 28 and 40%) with net migration being the main contributor to population growth.

Graph: the population of Luxembourg increased since 2013 (bottom line), but forecasts have become more conservative over the same period of time (dashed line).

However, if you were to compare Luxembourg's population projections for 2080 from Eurostat's 2013 and 2017 projections, you would notice that the growth forecast has been consecutively slashed.

In 2017 Eurostat projected that the population of Luxembourg would reach 1,066,377 inhabitants by 2080.

In 2013 that figure was over 1.2 million people for the same year (2080).

Eurostat's data suggests that Luxembourg will continue growing its population at a significant rate until 2060.

You can hover on the graph to explore population data at various intervals.

According to Eurostat's projections, Luxembourg will peak in 2075 at 787,000 people, before stalling and settling at 781,000 by 2100, incidentally, roughly its population projection for January 1, 2060.

Analysis

The questions that policy makers and analysts will now be asking is how these forecasts fit into their analysis and macroeconomic assumptions and their decision-making.

The new forecasts, are more than likely going to influence the discussion regarding pensions and the working age limit and may even explain part of the government's insistance on fiscal responsibility.

Eurostat's 2013 projection for 2080 would have meant a nearly 100% increase to the country's population, compared to 2022.

The latest projection of 21% growth is far below that, however Luxembourg remains one of few EU nations to enjoy a double digit growth forecast.

Luxembourg is also strongly positioned and prepared with a post-growth agenda, aiming to reduce carbon emissions, increase its resilience and succeed in the ecological transition whilst continuing to house, feed and attract more people.

If successful, we may see forecasts grow again, as the country may become more attractive than alternatives to migrants.

Of course, ahead of the double election year, and nearly 8 years after the 2015 referendum that saw citizens resoundingly refuse to give foreign citizens the right to vote: Luxembourg will be attempting to balancing its appetite for growth, and socially, its willingness to include an ever-growing foreign-born population.


Christos Floros covers News and Politics for RTL Today @christosfloros