Germany needs at least 260,000 new migrant workers per year until 2060 in order to meet labor shortages caused by demographic decline, according to a study published on Tuesday.

Of that number, 146,000 people each year would need to immigrate from non-EU member states, the research published by the Bertelsmann Foundation said.

Read more: Germany's migrants: Wooed and discriminated against

Due to an aging population, the labor force in Germany is estimated to shrink by a third, or around 16 million people, by 2060 without immigration. Absent immigration, the labor shortage could have a devastating impact on world's fourth largest economy.

Under the calculated scenarios, the researchers assume that the birth rate is rising, more women are working and that the pension age is increased to 70.

Watch video 28:34 Share How to make integration work? Send Facebook google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine Permalink https://p.dw.com/p/3AqAv How to make integration work?

The study estimated that 114,000 people would immigrate from other EU countries, but that demographic factors and economic convergence within the 28-member bloc would reduce the incentive for workers to settle and work in Germany.

Jörg Dräger, the executive director of the Bertelsmann Foundation, pointed out official numbers showed that only 38,000 workers came and stayed in Germany in 2017.

The findings of the study suggest Germany needs to rapidly adopt immigration laws to attract medium and high-skilled workers as well as develop more robust integration programs, he said.

The study was conducted by the Institute for Employment Research and the University of Coburg.

Watch video 02:45 Share Germany mulls law to alleviate shortage of skilled labor Send Facebook google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine Permalink https://p.dw.com/p/3AMFb Germany mulls law to alleviate shortage of skilled labor

cw/amp (AFP, dpa)

Each evening at 1830 UTC, DW's editors send out a selection of the day's hard news and quality feature journalism. You can sign up to receive it directly here.