Population ages 65 and above for Bulgaria
SPPOP65UPTOZSBGR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.03
Year-over-Year Change
16.26%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the population ages 65 and above in Bulgaria. It is a key indicator for understanding demographic shifts and their 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 Bulgaria' series tracks the percentage of the total population in Bulgaria that is aged 65 and older. This data is widely used by economists and policymakers to analyze aging population dynamics and their impact on social services, the labor force, and economic growth.
Methodology
This data is collected and calculated by the World Bank based on population census and survey information.
Historical Context
Trends in aging populations are closely monitored by governments, central banks, and financial institutions to inform social, fiscal, and economic policy decisions.
Key Facts
- Bulgaria has one of the oldest populations in Europe.
- The 65+ population percentage has risen from 13.7% in 1990 to 21.8% in 2021.
- An aging population can impact labor supply, social services, and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in Bulgaria that is aged 65 and older.
Q: Why is this trend relevant for users or analysts?
A: Trends in aging populations are crucial for understanding demographic shifts and their economic implications, such as on labor supply, social services, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on population census and survey information.
Q: How is this trend used in economic policy?
A: Governments, central banks, and financial institutions closely monitor aging population trends to inform social, fiscal, and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in data availability from source agencies.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Bulgaria (SPPOP65UPTOZSBGR), retrieved from FRED.