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

The value for Age dependency ratio, old (% of working-age population) in Latvia was 32.90 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 32.90 in 2020 and a minimum value of 15.69 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 15.69
1961 15.79
1962 15.87
1963 15.95
1964 16.09
1965 16.30
1966 16.63
1967 17.00
1968 17.39
1969 17.76
1970 18.11
1971 18.48
1972 18.78
1973 19.01
1974 19.21
1975 19.38
1976 19.61
1977 19.81
1978 19.94
1979 19.89
1980 19.63
1981 19.35
1982 18.88
1983 18.33
1984 17.85
1985 17.52
1986 17.42
1987 17.42
1988 17.50
1989 17.64
1990 17.81
1991 18.45
1992 19.13
1993 19.81
1994 20.43
1995 20.94
1996 21.38
1997 21.68
1998 21.89
1999 22.09
2000 22.32
2001 22.85
2002 23.38
2003 23.88
2004 24.30
2005 24.62
2006 25.18
2007 25.66
2008 26.09
2009 26.48
2010 26.84
2011 27.46
2012 28.05
2013 28.64
2014 29.24
2015 29.85
2016 30.23
2017 30.71
2018 31.34
2019 32.10
2020 32.90

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