The old-age dependency ratio (OADR)
Economic doomsayers have predicted that the ageing populations of industrial and post-industrial countries will be bad for the economy because fewer people will work and contribute to economic growth. More people will collect pensions and demand health care.
- The United Nations estimates that the share of the populations aged 60 and older will increase between now and 2050.
- The number of people aged 60 and over are double in the developing countries to that of the developed worlds.
- Countries with increased life expectancy and declining birth rates are raising the average age of the population.
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