Age dependency ratio (% of working-age population) in United States was reported at 53.85 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.
What is the dependency ratio for 2020?
The US ADR is 62.8 for 2020, or roughly 63 dependents for every 100 workers . Correspondingly, the US CDR and SDR are 35.8 and 27, respectively. This reveals that children represent a larger share of the dependent population than seniors at the national level.
What country has the highest dependency ratio?
Japan had the highest age dependency ratio among G20 countries in 2019. The age dependency ratio is the population of those aged 0-14 and 65 and above as a share of the working age population aged 15-64.
What is a normal dependency ratio?
Higher ratios indicate a greater level of dependency on the working-age population. The US ADR is 62.5 for 2019, or roughly 62 dependents for every 100 workers .
What are the top 5 countries with the highest dependency ratios?
Japan is the top country by old-age dependency ratio (65+ per 15-64) in the world. As of 2020, old-age dependency ratio (65+ per 15-64) in Japan was 48 ratio. The top 5 countries also includes Finland, Italy, Portugal, and Greece.
What country has the lowest dependency ratio?
By 2075 the dependency ratio is expected to reach 79 in Korea, 76 in Japan, 75 in Portugal and 73 in Greece. By contrast, Mexico and Turkey are the youngest countries, with dependency ratios of 11 and 13 respectively, followed by Chile, at 18.
What is a high old-age dependency ratio?
A high dependency ratio means those of working age, and the overall economy, face a greater burden in supporting the aging population. The youth dependency ratio includes those only under 15, and the elderly dependency ratio focuses on those over 64 .
Does Russia have a high dependency ratio?
Russia’s current dependency ratio of 63 means that for every 100 persons of working age, there are 63 minor children or persons over the age of 65. The corresponding figure for Western Europe is 72. Russia’s dependency ratio will climb to 77 in 2030 and 83 in 2050.
Does Germany have a high dependency ratio?
In 2020, total dependency ratio (0-19 and 65+ per 20-64) for Germany was 68.2 ratio . Before total dependency ratio (0-19 and 65+ per 20-64) of Germany started to increase to reach a level of 68.2 ratio in 2020, it went through a trough reaching a low of 57.5 ratio in 1990.
What is China’s dependency ratio?
| Characteristic Dependency ratio | 2019 41.5% | 2018 40.4% | 2017 39.2% | 2016 37.9% |
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Is a low dependency ratio good?
A low dependency ratio means that there are sufficient people working who can support the dependent population . A lower ratio could allow for better pensions and better health care for citizens. A higher ratio indicates more financial stress on working people and possible political instability.
What does a high dependency ratio mean?
A high dependency ratio indicates that the economically active population and the overall economy face a greater burden to support and provide the social services needed by children and by older persons who are often economically dependent.
Which state has the highest dependency ratio?
As noted above, Punta Gorda, Florida (96.8) stands out for having the highest dependency ratio in the country, an estimate that puts it on par with the African country of Zambia.
Does the United States have a high dependency ratio?
Age dependency ratio (% of working-age population) in United States was reported at 53.85 % in 2020 , according to the World Bank collection of development indicators, compiled from officially recognized sources.
What is Europe’s dependency ratio?
In the EU, the old-age dependency ratio was 29.9% in 2017 . In other words, there were slightly more than three persons of working age for every person aged 65 or over. The EU’s old-age dependency ratio has been increasing for a long time.
What is the dependency ratio for Japan?
In 2020, total dependency ratio (0-14 and 65+ per 15-64) for Japan was 69.1 ratio . Total dependency ratio (0-14 and 65+ per 15-64) of Japan increased from 45.1 ratio in 1971 to 69.1 ratio in 2020 growing at an average annual rate of 0.88%.
