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The dependency ratio is a demographic indicator that measures the number of dependents aged zero to 14 and over the age of 65, compared with the total population aged 15...
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.
Dependency ratios are a measure of the age structure of a population. They calculate the number of individuals that are likely to be economically dependent on the support of others by contrasting the ratio of youths (ages 0-14) and the elderly (ages 65+) to the number of those in the working-age group (ages 15-64).
Definition of Dependency Ratio: The dependency ratio measures the % of dependent people (not of working age) / number of people of working age (economically active) Dependency Ratio = Number of Children (0-15) + Number of Pensioners ( > 65 )
Guide to what is Dependency Ratio. Here we explain the formula to calculate the Dependency Ratio with examples, uses, and limitations.
The age dependency ratio is the sum of the young population (under age 15) and elderly population (age 65 and over) relative to the working-age population (ages 15 to 64). Data are shown as the number of dependents per 100 working-age population.
The dependency ratio is the total number of people too young or old to work, divided by the number of working-age people (15–64 years old). The dependency ratio measures the burden caused by non-working people on a nation's working-age population.
What is the Dependency Ratio? The dependency ratio compares the number of dependent individuals by age to the total population. Specifically, it measures people between the ages of 0 to 14 and above 65 to those who are 15 to 64.
Dependency ratios contrast the ratio of youths (ages 0-14) and the elderly (ages 65+) to the number of those in the working-age group (ages 15-64). Changes in the dependency ratio provide an indication of potential social support requirements resulting from changes in population age structures.
The dependency ratio is typically expressed as a percentage and is calculated by dividing the number of dependents (individuals aged 0-14 and those aged 65 and over) by the working-age population (those aged 15-64), then multiplying the result by 100.