Iceland - Age dependency ratio (% of working-age population)

The latest value for Age dependency ratio (% of working-age population) in Iceland was 53.96 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 76.24 in 1962 and 48.82 in 2010.

Definition: Age dependency ratio is the ratio of dependents--people younger than 15 or 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 75.25
1961 75.98
1962 76.24
1963 76.10
1964 75.75
1965 75.25
1966 74.68
1967 73.90
1968 72.94
1969 71.84
1970 70.68
1971 69.37
1972 68.19
1973 67.04
1974 65.82
1975 64.51
1976 63.63
1977 62.59
1978 61.47
1979 60.46
1980 59.68
1981 58.92
1982 58.36
1983 57.95
1984 57.55
1985 57.13
1986 56.78
1987 56.37
1988 55.93
1989 55.56
1990 55.31
1991 55.25
1992 55.33
1993 55.46
1994 55.51
1995 55.43
1996 55.33
1997 54.93
1998 54.38
1999 53.84
2000 53.41
2001 52.79
2002 52.44
2003 52.18
2004 51.88
2005 51.49
2006 50.86
2007 50.19
2008 49.57
2009 49.11
2010 48.82
2011 49.27
2012 49.76
2013 50.30
2014 50.92
2015 51.58
2016 52.00
2017 52.47
2018 52.97
2019 53.47
2020 53.96

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

General Comments: Relevance to gender indicator: this indicator implies the dependency burden that the working-age population bears in relation to children and the elderly. Many times single or widowed women who are the sole caregiver of a household have a high dependency

Classification

Topic: Health Indicators

Sub-Topic: Population