Faroe Islands: Age dependency ratio (% of working-age population)
In , Faroe Islands's Age dependency ratio (% of working-age population) was 60.52.
That's down 0.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 57.51 . Faroe Islands ranks #70 globally out of 217 reporting countries. Within Europe & Central Asia, it ranks #8 of 58.
Source: World Bank Open Data (SP.POP.DPND) • Data as of 2024
Trend (2005–2024)
- 2020 · COVID-19 pandemic
Highlights
- Peak
- 62.50
- Trough
- 56.26
- 1-year change
- -0.8%
- 5-year change
- -2.8%
- -0.6% / yr
- 10-year change
- 0.0%
- 0.0% / yr
Historical Data — Last 10 Years
| Year | Age dependency ratio (% of working-age population) |
|---|---|
| 60.5243 | |
| 60.9852 | |
| 61.8833 | |
| 62.4958 | |
| 62.4363 | |
| 62.2373 | |
| 62.1959 | |
| 61.9650 | |
| 61.4749 | |
| 61.1807 |
About Age dependency ratio (% of working-age population)
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.
Indicator code: SP.POP.DPND • Category: Health & Population
Frequently asked questions
- What was Faroe Islands's Age dependency ratio (% of working-age population) in 2024?
- In 2024, Faroe Islands's Age dependency ratio (% of working-age population) was 60.52, according to World Bank Open Data.
- Is Faroe Islands's Age dependency ratio (% of working-age population) rising or falling?
- Faroe Islands's Age dependency ratio (% of working-age population) fell 0.8% from 2023 to 2024.
- How does Faroe Islands rank globally on Age dependency ratio (% of working-age population)?
- In 2024, Faroe Islands ranked #70 out of 217 countries reporting Age dependency ratio (% of working-age population).
- How does Faroe Islands's Age dependency ratio (% of working-age population) compare to the world average?
- The global average for Age dependency ratio (% of working-age population) in 2024 was 57.51, so Faroe Islands is above the world average. Within Europe & Central Asia, it ranks #8 of 58.
- What is Age dependency ratio (% of working-age population) and how is it measured?
- 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.
Source: World Bank Open Data (SP.POP.DPND), CC BY 4.0.