Armenia AM: Age Dependency Ratio: % of Working-Age Population

Armenia AM: Age Dependency Ratio: % of Working-Age Population data was reported at 51.722 % in 2023. This records an increase from the previous number of 50.662 % for 2022. Armenia AM: Age Dependency Ratio: % of Working-Age Population data is updated yearly, averaging 55.550 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 84.583 % in 1964 and a record low of 41.659 % in 2012. Armenia AM: Age Dependency Ratio: % of Working-Age Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Population and Urbanization Statistics. 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.;World Bank staff estimates based on age distributions of United Nations Population Division's World Population Prospects: 2022 Revision.;Weighted average;Relevance to gender indicator: this indicator implies the dependency burden that the working-age population bears in relation to children and the elderly. Many times single or widowed women who are the sole caregiver of a household have a high dependency ratio.

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