Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Sweden
LFWA55TTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,275,717.00
Year-over-Year Change
3.62%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic trend measures the total working-age population in Sweden aged 55 to 64 years. It provides insights into demographic and labor force dynamics as the population approaches retirement age.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The working-age population aged 55-64 is a key indicator for analyzing labor force participation, retirement trends, and the economic dependency ratio. Tracking this statistic helps economists and policymakers understand changes in the composition of the working-age population.
Methodology
This data is collected through household surveys conducted by Statistics Sweden.
Historical Context
Analyses of this trend inform workforce planning, social security, and retirement policy decisions.
Key Facts
- Sweden's 55-64 working-age population was 1.7 million in 2021.
- This age group accounts for 16.5% of Sweden's total working-age population.
- The 55-64 working-age population has grown by 12% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 55 to 64 years who are considered part of the working-age population in Sweden.
Q: Why is this trend relevant for users or analysts?
A: Tracking the 55-64 working-age population is important for understanding labor force dynamics, retirement patterns, and the economic dependency ratio as the population ages.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Analyses of this trend inform workforce planning, social security, and retirement policy decisions in Sweden.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Sweden (LFWA55TTSEQ647S), retrieved from FRED.