Faroe Islands: Age dependency ratio, young (% of working-age population)
In , Faroe Islands's Age dependency ratio, young (% of working-age population) was 32.05.
That's down 1.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 41.14 . Faroe Islands ranks #115 globally out of 217 reporting countries. Within Europe & Central Asia, it ranks #7 of 58.
Source: World Bank Open Data (SP.POP.DPND.YG) • Data as of 2024
Trend (2005–2024)
- 2020 · COVID-19 pandemic
Highlights
- Peak
- 35.87
- Trough
- 32.05
- 1-year change
- -1.2%
- 5-year change
- -5.4%
- -1.1% / yr
- 10-year change
- -5.7%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Age dependency ratio, young (% of working-age population) |
|---|---|
| 32.0514 | |
| 32.4497 | |
| 33.0811 | |
| 33.5132 | |
| 33.7072 | |
| 33.8659 | |
| 33.9843 | |
| 33.9326 | |
| 33.8013 | |
| 33.9475 |
About Age dependency ratio, young (% of working-age population)
Age dependency ratio, young, is the ratio of younger dependents--people younger than 15--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.YG • Category: Health & Population
Frequently asked questions
- What was Faroe Islands's Age dependency ratio, young (% of working-age population) in 2024?
- In 2024, Faroe Islands's Age dependency ratio, young (% of working-age population) was 32.05, according to World Bank Open Data.
- Is Faroe Islands's Age dependency ratio, young (% of working-age population) rising or falling?
- Faroe Islands's Age dependency ratio, young (% of working-age population) fell 1.2% from 2023 to 2024.
- How does Faroe Islands rank globally on Age dependency ratio, young (% of working-age population)?
- In 2024, Faroe Islands ranked #115 out of 217 countries reporting Age dependency ratio, young (% of working-age population).
- How does Faroe Islands's Age dependency ratio, young (% of working-age population) compare to the world average?
- The global average for Age dependency ratio, young (% of working-age population) in 2024 was 41.14, so Faroe Islands is below the world average. Within Europe & Central Asia, it ranks #7 of 58.
- What is Age dependency ratio, young (% of working-age population) and how is it measured?
- Age dependency ratio, young, is the ratio of younger dependents--people younger than 15--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.YG), CC BY 4.0.