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

The value for Age dependency ratio, old (% of working-age population) in Grenada was 14.74 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14.99 in 1990 and a minimum value of 10.79 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 10.79
1961 10.91
1962 11.02
1963 11.07
1964 11.08
1965 11.07
1966 11.18
1967 11.31
1968 11.45
1969 11.58
1970 11.68
1971 11.81
1972 11.91
1973 12.02
1974 12.13
1975 12.24
1976 12.47
1977 12.69
1978 12.92
1979 13.20
1980 13.54
1981 13.13
1982 12.73
1983 12.31
1984 11.85
1985 11.32
1986 11.68
1987 12.15
1988 12.82
1989 13.76
1990 14.99
1991 14.85
1992 14.77
1993 14.66
1994 14.47
1995 14.18
1996 14.21
1997 14.23
1998 14.32
1999 14.48
2000 14.69
2001 14.56
2002 14.42
2003 14.28
2004 14.14
2005 14.00
2006 14.04
2007 14.12
2008 14.26
2009 14.47
2010 14.79
2011 14.66
2012 14.53
2013 14.42
2014 14.34
2015 14.27
2016 14.30
2017 14.33
2018 14.40
2019 14.53
2020 14.74

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