What is the old-age dependency ratio?
What is the old-age dependency ratio? The old-age dependency ratio is the population ages 65-plus divided by the population ages 16-64. The total age dependency ratio is the sum of the youth and old-age ratios. What is the dependency ratio for 2020? The US ADR is 62.8 for 2020, or roughly 63 dependents for every 100 workers. Correspondingly, the US CDR and SDR are 35.8 and 27, respectively. This reveals that children represent a larger share of the dependent population than seniors at the national level. Why does Japan have a high elderly dependency ratio? While both countries have high...