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

The value for Age dependency ratio, young (% of working-age population) in Serbia was 23.43 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 47.01 in 1960 and a minimum value of 23.43 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 47.01
1961 46.40
1962 45.82
1963 45.11
1964 44.16
1965 42.99
1966 42.15
1967 40.97
1968 39.68
1969 38.58
1970 37.83
1971 37.33
1972 37.11
1973 37.10
1974 37.15
1975 37.17
1976 37.27
1977 37.36
1978 37.41
1979 37.42
1980 37.38
1981 37.36
1982 37.24
1983 37.05
1984 36.86
1985 36.69
1986 36.51
1987 36.38
1988 36.23
1989 36.00
1990 35.67
1991 35.37
1992 34.91
1993 34.35
1994 33.77
1995 33.18
1996 32.49
1997 31.99
1998 31.64
1999 31.35
2000 31.07
2001 30.58
2002 30.00
2003 29.35
2004 28.66
2005 27.98
2006 27.42
2007 26.85
2008 26.33
2009 25.88
2010 25.52
2011 25.14
2012 24.81
2013 24.55
2014 24.34
2015 24.17
2016 23.99
2017 23.88
2018 23.79
2019 23.65
2020 23.43

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