An article in Visual Capitalist, reports that the European Central Bank’s most recent forecast for the eurozone pegs growth at 2.3% for the year ahead, ‘a significant upgrade from the central bank’s previous estimate of 1.8%’.
The article points out that one of the most interesting aspects of this forecast is the demographic reality it reveals for Germany:
By 2019, there will be fewer Germans under 30 years old than there are Germans that are 60+ years: This ratio is certainly extreme on a global level – after all, 24% of the world population is under the age of 14, and only 12% is older than 60 years.
How might this forecast impact the way Southern and East African tourism is marketed to Germans? We’d like to know your thoughts. Please send them to editor@tourismupdate.co.za.
