Venezuela, RB | Age dependency ratio, old (% of working-age population)

Age dependency ratio, old, is the ratio of older dependents--people 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. 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.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Age dependency ratio, old (% of working-age population)
1960 4.48080334
1961 4.54374364
1962 4.60499851
1963 4.66279259
1964 4.71738382
1965 4.77028616
1966 4.8235749
1967 4.87618647
1968 4.92952968
1969 4.98088098
1970 5.03654109
1971 5.09927485
1972 5.16091821
1973 5.21956406
1974 5.27852506
1975 5.34116764
1976 5.40682367
1977 5.4744539
1978 5.54498505
1979 5.61837273
1980 5.6932449
1981 5.77537227
1982 5.86615179
1983 5.96339059
1984 6.06637124
1985 6.17150811
1986 6.28181612
1987 6.39477619
1988 6.50622502
1989 6.61630885
1990 6.72410344
1991 6.83225476
1992 6.93874282
1993 7.04206692
1994 7.14203393
1995 7.24161822
1996 7.3414831
1997 7.44748146
1998 7.55856429
1999 7.6587092
2000 7.75190397
2001 7.82281411
2002 7.89574603
2003 7.98121027
2004 8.06681565
2005 8.17138236
2006 8.28879071
2007 8.42285085
2008 8.56506654
2009 8.7138185
2010 8.88339307
2011 9.06932791
2012 9.26661886
2013 9.46985216
2014 9.6792515
2015 9.90435704
2016 10.16715322
2017 10.56345221
2018 11.20163643
2019 11.95259218
2020 12.58526989
2021 13.1327601
2022 13.48933633

Venezuela, RB | Age dependency ratio, old (% of working-age population)

Age dependency ratio, old, is the ratio of older dependents--people 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. 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.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source