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Age dependency ratio as of 2017 [1] The dependency ratio is an age-population ratio of those typically not in the labor force (the dependent part ages 0 to 14 and 65+) and those typically in the labor force (the productive part ages 15 to 64). It is used to measure the pressure on the productive population.
The total dependency ratio is the total numbers of the children (ages 0–14) and elderly (ages 65+) populations per 100 people of adults (ages 15–64). A high total dependency ratio indicates that the adult population and the overall economy face a greater burden to support and provide social services for youth and elderly persons, who are often economically dependent.
Societies who have entered the demographic window have smaller dependency ratio (ratio of dependents to working-age population) and therefore the demographic potential for high economic growth as favorable dependency ratios tend to boost savings and investments in human capital.
Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". [1]
The shape of the pyramid can also reveal the age-dependency ratio of a population. Populations with a high proportion of children and/or of elderly people have a higher dependency ratio. This ratio refers to how many old and young people are dependent on the working-age groups (often defined as ages 15–64).
Dependency ratio, in economics, the ratio of the economically dependent part of the economy to the productive part Dependency theory , an economic worldview that posits that resources flow from poor states to wealthy states
Dependency Ratios: total dependency ratio: 51.2 youth dependency ratio: 29 elderly dependency ratio: 22.1 potential support ratio: 4.5 Population Growth Rate: 0.81% Birth Rate: 12.5 births per 1,000 people Death Rate: 8.2 deaths per 1,000 people Net Migration: 3.9 migrant(s) per 1,000 people Sex Ratio: 0–14 years: 1.04 male(s) per female
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