Old-Age Dependency Ratios, An Age Old Dilemma - The Intrepid

Sunday, May 10, 2009

Old-Age Dependency Ratios, An Age Old Dilemma

Old-Age Dependency Ratios Graph

By 2050, the elderly will make up 25% of the world’s population. As the baby boomer generation reaches retirement, the elderly population in the most industrialized counties is expected to rise dramatically. By 2046, Canada’s seniors population is projected to rise to 11.2 million, increasing the old-age dependency ratio to more than 40%. In Europe, the old-age dependency ratio is projected to double to 54%. But, the most dramatic increase will take place in Japan, where the old-age dependency ratio is currently 35.1%. By 2050, it is expected to rise to 73.8%.

Graph by The Economist.

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