Faroe Islands | Population ages 15-64 (% of total population)

Total population between the ages 15 to 64 as a percentage of the total population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. 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. This indicator is used for calculating age dependency ratio (percent of working-age population). The age dependency ratio is the ratio of the sum of the population aged 0-14 and the population aged 65 and above to the population aged 15-64. In many developing countries, the once rapidly growing population group of the under-15 population is shrinking. As a result, high fertility rates, together with declining mortality rates, are now reflected in the larger share of the 65 and older population. 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: 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. Total population is based on the de facto population including all residents regardless of legal status or citizenship. The values shown are midyear estimates. For more information see metadata for total population (SP.POP.TOTL).
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source
Faroe Islands | Population ages 15-64 (% of total population)
1960 59.24196287
1961 59.4599676
1962 59.67022281
1963 59.83043663
1964 59.94531403
1965 59.95625438
1966 59.92668024
1967 59.9014355
1968 59.81584087
1969 59.70192447
1970 59.74801838
1971 59.96037209
1972 60.15291065
1973 60.29839105
1974 60.40707656
1975 60.50558755
1976 60.64621418
1977 60.87606374
1978 61.19074001
1979 61.52778431
1980 61.8397826
1981 62.15348635
1982 62.51061373
1983 62.87652372
1984 63.17270411
1985 63.38233681
1986 63.54893395
1987 63.70423763
1988 63.85076502
1989 63.92924826
1990 63.77556393
1991 63.42594076
1992 63.07832759
1993 62.76609899
1994 62.5172781
1995 62.4563406
1996 62.56740224
1997 62.62543403
1998 62.59445002
1999 62.5969228
2000 62.67041908
2001 62.80787112
2002 62.97182407
2003 63.14950993
2004 63.42873814
2005 63.76484474
2006 63.99933765
2007 64.01476381
2008 63.80921888
2009 63.55630349
2010 63.41355092
2011 63.32785649
2012 63.15468626
2013 62.80308976
2014 62.28992355
2015 62.00977129
2016 61.86868687
2017 61.72743652
2018 61.69070749
2019 61.60194269
2020 61.51006391
2021 61.4292332
2022 61.37089255

Faroe Islands | Population ages 15-64 (% of total population)

Total population between the ages 15 to 64 as a percentage of the total population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. 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. This indicator is used for calculating age dependency ratio (percent of working-age population). The age dependency ratio is the ratio of the sum of the population aged 0-14 and the population aged 65 and above to the population aged 15-64. In many developing countries, the once rapidly growing population group of the under-15 population is shrinking. As a result, high fertility rates, together with declining mortality rates, are now reflected in the larger share of the 65 and older population. 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: 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. Total population is based on the de facto population including all residents regardless of legal status or citizenship. The values shown are midyear estimates. For more information see metadata for total population (SP.POP.TOTL).
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source