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

The latest value for Age dependency ratio (% of working-age population) in Venezuela was 54.41 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 94.83 in 1963 and 53.25 in 2015.

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 93.59
1961 94.35
1962 94.73
1963 94.83
1964 94.81
1965 94.71
1966 94.66
1967 94.54
1968 94.27
1969 93.69
1970 92.75
1971 91.84
1972 90.55
1973 89.04
1974 87.51
1975 86.08
1976 84.67
1977 83.45
1978 82.34
1979 81.17
1980 79.90
1981 78.94
1982 77.78
1983 76.54
1984 75.45
1985 74.56
1986 73.78
1987 73.21
1988 72.75
1989 72.19
1990 71.45
1991 70.84
1992 69.99
1993 68.98
1994 67.98
1995 67.05
1996 66.07
1997 65.20
1998 64.37
1999 63.47
2000 62.50
2001 61.59
2002 60.64
2003 59.66
2004 58.72
2005 57.86
2006 57.18
2007 56.53
2008 55.95
2009 55.43
2010 54.98
2011 54.58
2012 54.29
2013 54.05
2014 53.73
2015 53.25
2016 53.52
2017 53.64
2018 53.69
2019 53.88
2020 54.41

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