Dependency Ratio

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Dependency Ratio

The ratio of the rough number of persons who are financially dependent on another person to the rough number of persons of working age, expressed as a percentage. The dependency ratio shows how easy or difficult it is for the persons of working age to take care of those who are not of working age. It is calculated thus:

Dependency ratio = (Number of persons under 15 + Number of persons over 65) / (Number of persons between 15 and 65) *100
References in periodicals archive ?
The age dependency ratio for those of working age, whether they have a job or not, stands at 2.
6) with age dependency, share of young population, healthcare spending per capita, and economic freedom.
Academic estimates indicate that a one percentage point (pp) rise in the old age dependency ratio (the ratio of population aged 65+ to the population 15-64) will lead to a 0.
4% of the population, bringing the country's age dependency ratio to 55.
Saudi Arabia's old age dependency ratio (the number of over 65s relative to the population aged 15-64) will more than quadruple by 2050, the report forecasted.
Among these indicators are: (1) the increasing in the number of old population, (2) the decreasing in the number of young population, (3) an increase in median age, (4) aging index, and (5) old age dependency ratio.
The old age dependency ratio, defined as the number of persons in the age group 60 years and above per 100 persons in the age group 15-59 years.
2011 the age dependency ratio, the ratio between people under 15 and people aged 65+ per 100 persons aged 15-64, was 47.
Besides income, basic demographic factors such as the size of the population, population density, and the age dependency ratio may affect significantly the demand for insurance products.
PSE therapy exhibits a clear age dependency (see Table 4).
The survey suggests that youth should be absorbed productively well before the period when old age dependency threatens this potential.
Anyone would think Government doesn't want people to provide for themselves, and would rather we all borrowed and spent our way into old age dependency.