Italy. An ageing country with low level of private pension schemes but high homeownership rate
The current Italian population amounts to about 60.7 million of people and its size is expected to increase by 3.5% in 2050. This is the joint result of a negative natural dynamic (number of births lower than number of deaths) and a positive migration dynamic (number of emigrants lower than number of immigrants). This time trend is divergent from the one of the European context, which is instead expected to decrease by 0.1% in 2050.