Aging Population

Definition

Aging population refers to an increasing proportion or number of elderly individuals within a population compared to younger age groups. It often results from declining birth rates and increased life expectancy.

Related terms

Dependency Ratio: The ratio of economically dependent individuals (children and elderly) to the working-age population.

Healthcare Costs: The expenses associated with medical services, treatments, and care for an aging population.

Retirement Age: The age at which individuals are eligible to stop working and receive retirement benefits.