However, that status belies a simple reality: Europe’s place in the world is shrinking, as other parts of the world grow.
- In 1900, Europe accounted for around 25% of global population.
- By 2060, it will account for less than 5%.
No single Member State will have more than 1% of the world population by then.Europe’s relative economic power is also forecast to wane,
The rapidly rising influence of emerging economies accentuates the need for Europe to speak with one voice and to act with the collective weight of its individual parts.
- accounting for much less than 20% of the world’s GDP in 2030,
- down from around 22% today.