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

The value for Age dependency ratio, old (% of working-age population) in Cyprus was 20.88 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 20.88 in 2020 and a minimum value of 10.29 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 10.29
1961 10.65
1962 10.97
1963 11.11
1964 11.06
1965 10.95
1966 12.01
1967 13.22
1968 14.50
1969 15.79
1970 17.09
1971 16.78
1972 16.45
1973 16.13
1974 15.82
1975 15.54
1976 15.32
1977 15.06
1978 14.79
1979 14.51
1980 14.24
1981 14.44
1982 14.62
1983 14.80
1984 14.96
1985 15.09
1986 15.12
1987 15.13
1988 15.18
1989 15.25
1990 15.33
1991 15.34
1992 15.34
1993 15.35
1994 15.39
1995 15.45
1996 15.40
1997 15.33
1998 15.27
1999 15.22
2000 15.18
2001 15.18
2002 15.20
2003 15.28
2004 15.40
2005 15.55
2006 15.65
2007 15.73
2008 15.82
2009 15.95
2010 16.14
2011 16.50
2012 16.90
2013 17.33
2014 17.80
2015 18.26
2016 18.75
2017 19.23
2018 19.74
2019 20.29
2020 20.88

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