What is the demographic dependency ratio?
The demographic dependency ratio measures the number of dependent individuals (children and elderly) per 100 working-age people.
How do you calculate the demographic dependency ratio?
Add the population aged 0-14 and 65+ to get dependents, then divide by the working-age population (15-64) and multiply by 100.
Why is a high demographic dependency ratio concerning?
A high ratio indicates more dependents relative to working-age individuals, potentially straining economic support systems.
What age groups are considered dependents in the demographic dependency ratio?
Children aged 0-14 and elderly aged 65+ are typically considered dependents.
How can a country reduce its demographic dependency ratio?
Increasing birth rates, improving life expectancy, or adjusting the working age definition can affect this ratio.
What does a low demographic dependency ratio suggest?
A low ratio suggests fewer dependents relative to working-age individuals, which may ease economic pressures.
Is the demographic dependency ratio useful for all countries?
Yes, it can be used globally but may need adjustments based on specific national demographics and definitions of working age.