Switzerland will hold a referendum on Sunday on whether to cap its population at 10 million people.
If the measure is passed, Swiss officials will have to roll out measures to curb population growth until 2050.
Businesses have warned that limiting immigration will weigh on Switzerland’s growth and competitiveness.
To be exact it would be 0.92% each year if it had been steady. 7.3 * (0.0092 ^ 24) = 9.1
To contextualize that number, global population growth is 0.85%, the Eurozone is at 0.36%. So we do grow at a remarkable rate compared to our neighbors.
I’m glad the initiative was defeated though.