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

The value for Age dependency ratio, old (% of working-age population) in Barbados was 25.10 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 25.10 in 2020 and a minimum value of 12.39 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 12.39
1961 12.65
1962 12.83
1963 12.98
1964 13.16
1965 13.42
1966 13.74
1967 14.12
1968 14.51
1969 14.87
1970 15.17
1971 15.30
1972 15.55
1973 15.97
1974 16.49
1975 17.01
1976 17.21
1977 17.31
1978 17.40
1979 17.56
1980 17.78
1981 17.66
1982 17.49
1983 17.28
1984 17.01
1985 16.68
1986 16.50
1987 16.27
1988 16.02
1989 15.81
1990 15.66
1991 15.78
1992 15.97
1993 16.20
1994 16.43
1995 16.63
1996 16.92
1997 17.21
1998 17.51
1999 17.86
2000 18.26
2001 18.32
2002 18.38
2003 18.45
2004 18.52
2005 18.59
2006 18.73
2007 18.88
2008 19.08
2009 19.36
2010 19.78
2011 20.08
2012 20.45
2013 20.89
2014 21.38
2015 21.91
2016 22.45
2017 23.02
2018 23.64
2019 24.33
2020 25.10

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