Balearics set for population boom

Palma.—According to the National Statistics Institute, INE, in the short term, the next 15 years,  the number of people living in the Balearics is forecast to increase by 53,987 and the growth trend is expected to continue over the next 50 years.
On 1 January of this year, the Balearic population stood at 1,115,375 - 270,244 more than in 2002 and by 1 January 2029, the institute expects there to be 1,169,361 people living in the region, an increase of nearly five percent.
However, the Balearics is only one of five regions where the population is forecast to grow. Across the rest of the country, it is expected to thin out.
Spain’s population will shrink by 5.6 million in the next 50 years with much of the population aged over 65 and living alone, the institute stated.