← All stories
Geopolitics

Zeihan claims Ukraine’s population has fallen 15% since the invasion began

Peter Zeihan Podcast · The Demographics of Central Europe || Peter Zeihan · July 24, 2026
Zeihan claims Ukraine’s population has fallen 15% since the invasion began
Peter Zeihan Podcast
Peter Zeihan Podcast
The Demographics of Central Europe || Peter Zeihan
""And so, we've seen a 15% drop in Ukraine's population just since the war began 4 years ago. There's very little reason to expect this war to be over soon, or if it ends in Russian victory, you know, none of these people are going to come back.""
Geopolitical analyst Peter Zeihan says Ukraine’s population has dropped by about 15% since Russia’s full-scale invasion began, attributing the decline to wartime outflows, particularly among women and families. He argues the loss could deepen if the war drags on, and says a Russian victory would likely deter return migration. Zeihan does not cite underlying demographic sources in the clip.

About this episode

Peter Zeihan outlines what he describes as an accelerating demographic “hollowing out” across the Intermarium belt from the Baltics through Central Europe and into the Balkans, tying low fertility and ageing to the Soviet-era industrial legacy, post-Cold War EU integration, and large-scale labour migration westward. He argues that free movement within the EU encouraged younger, skilled workers to leave for higher wages, while German-centred supply-chain expansion into Poland, Slovakia and Hungary partially mitigated population loss in the region’s industrial core. Zeihan claims several peripheral states — including Estonia, Latvia, Lithuania, Romania and Bulgaria — have already lost roughly a quarter of their populations since the post-Cold War period and could lose a similar share again within 10–15 years, describing repopulation as increasingly unlikely once the young cohort is depleted.

Turning to the war, he says Ukraine’s population outflow intensified after Russia’s invasion, particularly among women and families, and he asserts a 15% population drop since the war began. Zeihan also alleges Russia’s demographic data have been “manufacture[d]” since the early 2000s, arguing the true outlook is unclear but unlikely to have improved substantially.

He then sketches two historical analogies for regional outcomes — broad collapse like the Black Death versus uneven depopulation creating openings for neighbours — and suggests the latter is more relevant. Zeihan’s forward-looking argument is that Turkey, due to comparatively stronger demographics, could be positioned to expand influence northward if Russia and key European powers weaken over the next 20 years, though he frames this as speculative rather than a prediction of certain conflict.

Key takeaways

More stories More from Peter Zeihan Podcast