In economics and geography the dependency ratio is an age-population
ratio of those typically not in the labor force
The ratio of non-working population to working age population is called the dependency ratio. It is used to assess the pressure placed on the working population to support the dependent population.
"The dependency ratio is used in Economics to measure the working population and non working population. It is age-population ration, and takes into account both dependents and productive populations."
The definition of dependency ratio is the percentage of dependents in the total population. This includes children from infants to 14 years and seniors who are above 65 years f age.
In economics and geography the dependency ratio is an age-population ratio of those typically not in the labor force (the dependent part) and those typically in the labor force (the productive part). In published international statistics, the dependent part usually includes those under the age of 15 and over the age of 64. The productive part makes up the population in between, ages 15 - 64. It is normally expressed as a percentage. This gives:This ratio is important because as it increases, there may be an increased cost on the productive part of the population to maintain the upbringing and pensions of the economically dependent. There are direct impacts on financial elements like social security.The (total) dependency ratio can be partitioned into the child dependency ratio and the aged dependency ratio[1]:
Dependency ratio is essentially the number of working individuals in a population compared to the non-working. A declining working population is supporting an ever larger number of retired persons.
Old age dependency ratio is a demographic indicator that measures the number of elderly people (usually age 65 and older) in a population compared to the working-age population (usually age 15-64). It is used to assess the potential economic burden placed on the working-age population to support the elderly. A higher old-age dependency ratio indicates a larger proportion of elderly individuals relative to the working-age population.
The latest value for Age dependency ratio (% of working-age population) in Philippines was 64.14 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 102.19 in 1964 and 64.14 in 2010.
The population of Ross Dependency is 1,000.
Ross Dependency's population is 200.
there are more older people than younger people.
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