Panama - Age dependency ratio, young (% of working-age population)

The value for Age dependency ratio, young (% of working-age population) in Panama was 40.78 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 85.56 in 1966 and a minimum value of 40.78 in 2020.

Definition: Age dependency ratio, young, is the ratio of younger dependents--people younger than 15--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 83.55
1961 84.16
1962 84.65
1963 85.02
1964 85.26
1965 85.37
1966 85.56
1967 85.56
1968 85.38
1969 85.06
1970 84.59
1971 84.11
1972 83.50
1973 82.76
1974 81.85
1975 80.78
1976 79.77
1977 78.55
1978 77.21
1979 75.81
1980 74.40
1981 72.96
1982 71.54
1983 70.13
1984 68.69
1985 67.23
1986 65.82
1987 64.43
1988 63.06
1989 61.72
1990 60.44
1991 59.27
1992 58.09
1993 56.95
1994 55.89
1995 54.93
1996 54.04
1997 53.28
1998 52.59
1999 51.90
2000 51.18
2001 50.59
2002 49.92
2003 49.20
2004 48.52
2005 47.93
2006 47.34
2007 46.85
2008 46.41
2009 45.94
2010 45.44
2011 45.02
2012 44.55
2013 44.06
2014 43.57
2015 43.10
2016 42.68
2017 42.22
2018 41.74
2019 41.26
2020 40.78

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