Finland - Age dependency ratio, old (% of working-age population)

The value for Age dependency ratio, old (% of working-age population) in Finland was 36.63 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 36.63 in 2020 and a minimum value of 11.77 in 1960.

Definition: Age dependency ratio, old, is the ratio of older dependents--people older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.

Source: World Bank staff estimates based on age distributions of United Nations Population Division's World Population Prospects: 2019 Revision.

See also:

Year Value
1960 11.77
1961 11.93
1962 12.06
1963 12.17
1964 12.29
1965 12.43
1966 12.69
1967 12.96
1968 13.24
1969 13.54
1970 13.87
1971 14.27
1972 14.69
1973 15.09
1974 15.47
1975 15.82
1976 16.30
1977 16.75
1978 17.16
1979 17.50
1980 17.76
1981 17.95
1982 18.06
1983 18.13
1984 18.23
1985 18.39
1986 18.66
1987 18.97
1988 19.31
1989 19.66
1990 19.98
1991 20.33
1992 20.66
1993 20.95
1994 21.21
1995 21.41
1996 21.67
1997 21.88
1998 22.06
1999 22.23
2000 22.42
2001 22.73
2002 23.06
2003 23.40
2004 23.74
2005 24.05
2006 24.32
2007 24.55
2008 24.83
2009 25.29
2010 26.01
2011 26.96
2012 28.14
2013 29.45
2014 30.76
2015 31.95
2016 33.07
2017 34.06
2018 34.96
2019 35.80
2020 36.63

Development Relevance: Patterns of development in a country are partly determined by the age composition of its population. Different age groups have different impacts on both the environment and on infrastructure needs. Therefore the age structure of a population is useful for analyzing resource use and formulating future policy and planning goals with regards infrastructure and development.

Limitations and Exceptions: Because the five-year age group is the cohort unit and five-year period data are used in the United Nations Population Division's World Population Prospects, interpolations to obtain annual data or single age structure may not reflect actual events or age composition. For more information, see the original source.

Statistical Concept and Methodology: Dependency ratios capture variations in the proportions of children, elderly people, and working-age people in the population that imply the dependency burden that the working-age population bears in relation to children and the elderly. But dependency ratios show only the age composition of a population, not economic dependency. Some children and elderly people are part of the labor force, and many working-age people are not. Age structure in the World Bank's population estimates is based on the age structure in United Nations Population Division's World Population Prospects. For more information, see the original source.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Health Indicators

Sub-Topic: Population