Mongolia: Age dependency ratio
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Mongolia |
Dependent people as percent of the working age population |
---|---|
Latest value | 58.98 |
Year | 2023 |
Measure | percent |
Data availability | 1960 - 2023 |
Average | 75.47 |
Min - Max | 46.79 - 104.66 |
Source | The World Bank |
The latest value from 2023 is 58.98 percent, an increase from 58.92 percent in 2022. In comparison, the world average is 58.49 percent, based on data from 196 countries. Historically, the average for Mongolia from 1960 to 2023 is 75.47 percent. The minimum value, 46.79 percent, was reached in 2009 while the maximum of 104.66 percent was recorded in 1971.
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The age dependency ratio for Mongolia is calculated as follows: Age dependency = (people younger than 15 and older than 64) / (working age people ages 15-64). A higher value for Mongolia and other countries means that employed people have to support more non-working people, either young or old.
Definition: Age dependency ratio is the ratio of dependents--people younger than 15 or 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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Population size | 3.45 | 2023 | million |
Percent urban population | 69.09 | 2023 | percent |
Population density | 2 | 2021 | people per square km |
Population ages 65 and above | 4.85 | 2023 | percent |
Percent children | 32.25 | 2023 | percent |
Percent female population | 50.44 | 2023 | percent |
Rural population, percent | 30.91 | 2023 | percent |
Age dependency ratio | 58.98 | 2023 | percent |
Refugee population | 10 | 2023 | refugees |
Migrant population | 1 | 2015 | percent |
Population growth | 1.43 | 2023 | percent |