It stops being a pyramid. A population pyramid is nothing more than a stack of birth cohorts — each bar is the group of people born in one period, thinned by the deaths that have happened since. So the outline of the pyramid is a record of how many babies were born in each past year.
If each woman has fewer than about 2.1 children, then every new cohort is smaller than the one that produced it. The bar at the bottom becomes shorter than the bars above it, and the shape inverts.
The chapter describes exactly this happening to India: the pyramid “looks less like a triangle and is more bell-shaped. The base has become narrower, which means families are having fewer children than before.” Carry the fertility rate further below replacement, as Japan has, and the bell becomes an urn — narrow at the bottom, widest in the middle and upper-middle.
Will children ever be fewer than aged people? Yes — and Fig. 6.18 shows when it happens for India. The purple 65+ curve rises steadily while the red 0–14 curve, which peaked around 2010 at about 0.42 billion, falls. The two lines cross at about 2050, at roughly 0.3 billion each. After that India has more people over 65 than under 15. Japan is already past that point: its median age is 50 (Fig. 6.17), which means half the country is older than 50.
What happens to such a population over time? It goes through three phases, and the middle one surprises people:
- It keeps growing for a while. This is the important part. Falling below replacement does not shrink a population at once, because the number of births depends on two things — how many children each woman has, and how many women of child-bearing age there are. A country that grew fast in the past has huge numbers of young women alive right now, so even small families still produce a lot of babies.
- It peaks. China’s fertility had been far below replacement for decades, yet its population peaked only in 2022, at 1.43 billion.
- It shrinks, and ages as it shrinks. China is projected to be at 1.31 billion by 2050 — a fall of 120 million, about 8 per cent — while the share of people over 65 rises from 14 per cent in 2023 to 26 per cent in 2050.