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 ?
He said the country also witnessed progress in terms of reducing economic dependency ratio as it is now 54 percent which was earlier 80 percent.
Mr Mosokwe cited challenges such as alcohol abuse which he said were to blame for rampant murder cases in the area, massive school dropouts and high teenage pregnancy adding that the dependency ratio in Ghanzi was high and stood at 98.
Key performance indicators for the IDI include GDP per capita, labor productivity, median household income, income gini, adjusted net savings, dependency ratio, employment, healthy life expectancy, poverty rate, wealth gini, public wealth as a share of GDP and carbon intensity of GDP.
In terms of indicators, the Philippines ranked in the bottom 20 percent of the index in net-income gross national income (GNI) and wealth Gini, or inequality, and bottom 40 percent in healthy-life expectancy, poverty incidence, median income and dependency ratio.
The eleven dimensions are GDP (per capita), labor productivity, employment healthy life, health life expectancy, median household income, income gini, poverty rate wealth, wealth gini, adjusted net savings, dependency ratio, public debt (as a share of gdp) and carbon intensity of GDP.
In the study, health expenditure as a share of gross domestic product was the dependent variable while gross domestic product per capita, percentage of total population covered by public and private insurance, out-of-pocket health expenditure as percentage of total expenditure on health, age dependency ratio, life expectancy at birth, number of hospitals per million population, number of physicians per 1000 population/head counts, pharmaceutical sales and perceived health status were designated as independent variables.
The authors of the document point out that migrants thus contribute to reducing the dependency ratio, which is calculated as a ratio between the number of children and the elderly in incapacity
Demographic indicators include share of slum population to urban population, population density, population growth rate, total literacy rate, female literacy rate, population sex ratio, child sex ratio, dependency ratio, total fertility rate (TFR), crude birth rate (CBR), crude death rate (CDR) and infant mortality rate (IMR).
It said increasing population growth raises dependency ratio and puts pressure on education, health system and food supply.
The dependency ratio -- the number of people of working age (16-64) versus those over 65 -- is worsening.
We know that because of low fertility rates, rising life expectancies and the aging of the baby boom, Canada's Old Age Dependency Ratio is rising.
As a result, the dependency ratio will worsen quickly.
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