Population ages 65 and above for Aruba
SPPOP65UPTOZSABW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.06
Year-over-Year Change
66.25%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the percentage of the total population in Aruba aged 65 and above. It is a key demographic indicator used by economists and policymakers to analyze population aging and its economic implications.
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 Population ages 65 and above for Aruba trend represents the proportion of the total population in Aruba that is 65 years old or older. This metric is widely used to assess the aging of a country's population and its potential impact on the economy, social welfare systems, and public policies.
Methodology
The data is collected through national population surveys and censuses conducted by the government of Aruba.
Historical Context
This trend informs economic and social policy decisions related to pensions, healthcare, and elderly support programs.
Key Facts
- Aruba has an aging population, with 65+ residents accounting for over 15% of the total population.
- The proportion of elderly in Aruba has increased significantly over the past two decades.
- Population aging in Aruba has important implications for its social safety net and healthcare system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in Aruba that is aged 65 and above. It is a key demographic indicator used to analyze population aging.
Q: Why is this trend relevant for users or analysts?
A: The aging of Aruba's population has significant economic and social implications, informing policy decisions related to pensions, healthcare, and elderly support programs.
Q: How is this data collected or calculated?
A: The data is collected through national population surveys and censuses conducted by the government of Aruba.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the impact of population aging on Aruba's economy and to inform the development of social welfare programs and policies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the Aruban government and may have a delay of several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Aruba (SPPOP65UPTOZSABW), retrieved from FRED.