Dependency ratio

Dependency Ratio in US
Graph showing forecast inverse dependency ratio in US ...

Dependency ratio
Definition: The ratio of dependent population (the young and the elderly) to the working age population.
Related glossary term: ...

Dependency ratio - The percentage of the population in the combined age groups aged under 15 and 65 plus.

Age dependency ratio. The ratio of the nonworking population- people under 15 or over 65-to the working population- people 15-64. In 1996 the average ratio for low-income countries was 0.7, for middle-income countries 0.

Age Dependency Ratio
A statistical measure of the ratio of persons above retirement age to those below retirement age. The ratio is commonly used as a leading indicator of the projected ageing rate of the general population.

Age Dependency Ratio
This is the ratio of the number of persons past the conventional retirement age of sixty five to the number of people in the conventional working ages of twenty to sixty five.
Dept. of Finance (5th Edition) ...

dependency ratio A measure of the portion of the population that is composed of dependents, people... dependent A person who depends on the financial support of another individual. depletion The exhaustion of a resource.

The old-age-dependency ratio-that is, the population aged 65 and over divided by the population aged 15 to 64-is a key indicator of population aging. Other things being equal, the tax rate for pensions will be proportional to this ratio.

See also: Population, Dilution, Government Spending, Depression, Banks