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

The latest value for Age dependency ratio (% of working-age population) in Panama was 53.93 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 92.73 in 1967 and 53.93 in 2020.

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 90.44
1961 91.11
1962 91.64
1963 92.05
1964 92.32
1965 92.45
1966 92.69
1967 92.73
1968 92.59
1969 92.29
1970 91.84
1971 91.40
1972 90.81
1973 90.09
1974 89.20
1975 88.15
1976 87.18
1977 86.01
1978 84.70
1979 83.34
1980 81.96
1981 80.58
1982 79.20
1983 77.83
1984 76.44
1985 75.02
1986 73.66
1987 72.30
1988 70.97
1989 69.68
1990 68.44
1991 67.33
1992 66.21
1993 65.12
1994 64.13
1995 63.26
1996 62.45
1997 61.78
1998 61.19
1999 60.61
2000 60.01
2001 59.56
2002 59.02
2003 58.45
2004 57.93
2005 57.51
2006 57.10
2007 56.79
2008 56.54
2009 56.28
2010 55.98
2011 55.77
2012 55.52
2013 55.25
2014 55.00
2015 54.80
2016 54.63
2017 54.44
2018 54.24
2019 54.07
2020 53.93

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