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

The value for Age dependency ratio, old (% of working-age population) in Serbia was 29.06 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 29.06 in 2020 and a minimum value of 10.36 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 10.36
1961 10.53
1962 10.74
1963 10.96
1964 11.16
1965 11.34
1966 11.61
1967 11.84
1968 12.05
1969 12.27
1970 12.52
1971 12.86
1972 13.21
1973 13.54
1974 13.81
1975 13.99
1976 14.14
1977 14.23
1978 14.24
1979 14.14
1980 13.94
1981 13.71
1982 13.37
1983 13.02
1984 12.78
1985 12.70
1986 12.86
1987 13.14
1988 13.52
1989 13.94
1990 14.38
1991 14.95
1992 15.53
1993 16.10
1994 16.66
1995 17.21
1996 17.93
1997 18.64
1998 19.31
1999 19.94
2000 20.52
2001 20.92
2002 21.23
2003 21.46
2004 21.56
2005 21.53
2006 21.59
2007 21.54
2008 21.46
2009 21.49
2010 21.70
2011 22.17
2012 22.80
2013 23.56
2014 24.43
2015 25.35
2016 26.16
2017 27.00
2018 27.81
2019 28.52
2020 29.06

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