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

The value for Age dependency ratio, young (% of working-age population) in Venezuela was 42.10 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 90.18 in 1963 and a minimum value of 42.10 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 89.12
1961 89.82
1962 90.14
1963 90.18
1964 90.11
1965 89.97
1966 89.84
1967 89.65
1968 89.30
1969 88.66
1970 87.66
1971 86.67
1972 85.32
1973 83.75
1974 82.16
1975 80.66
1976 79.18
1977 77.90
1978 76.72
1979 75.48
1980 74.14
1981 73.11
1982 71.87
1983 70.57
1984 69.41
1985 68.46
1986 67.58
1987 66.94
1988 66.40
1989 65.77
1990 64.96
1991 64.27
1992 63.34
1993 62.26
1994 61.19
1995 60.19
1996 59.13
1997 58.17
1998 57.25
1999 56.27
2000 55.21
2001 54.20
2002 53.14
2003 52.05
2004 51.01
2005 50.03
2006 49.20
2007 48.41
2008 47.67
2009 46.98
2010 46.35
2011 45.75
2012 45.25
2013 44.78
2014 44.23
2015 43.49
2016 43.32
2017 42.98
2018 42.52
2019 42.17
2020 42.10

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