Population ages 65 and above for Cuba
SPPOP65UPTOZSCUB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.57
Year-over-Year Change
24.85%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Cuba' series measures the percentage of Cuba's total population aged 65 and older. This metric is important for policymakers and economists to understand demographic trends 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
This indicator represents the portion of Cuba's population that has reached retirement age or beyond. Tracking changes in this statistic over time can provide insights into aging, social welfare needs, and economic productivity.
Methodology
The data is collected and calculated by the World Bank based on estimates from national statistical offices and census reports.
Historical Context
Aging population dynamics have significant impacts on government budgets, labor markets, and social programs.
Key Facts
- Cuba has an aging population, with 21.7% aged 65+ as of 2021.
- The 65+ population in Cuba has grown from 13.2% in 2000 to 21.7% in 2021.
- An aging population can strain government budgets for social programs and pensions.
FAQs
Q: What does this economic trend measure?
A: This indicator represents the percentage of Cuba's total population that is aged 65 and older.
Q: Why is this trend relevant for users or analysts?
A: Tracking changes in Cuba's aging population is important for understanding demographic shifts and their economic implications, such as impacts on social programs, labor markets, and productivity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on estimates from national statistical offices and census reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the aging of Cuba's population and its effects on government budgets, social welfare programs, and labor market dynamics.
Q: Are there update delays or limitations?
A: The World Bank updates this indicator annually, so there may be a 1-2 year delay in the most recent data.
Related Trends
Value of Exports to Cuba from Arkansas
ARCUBA052SCEN
Number of Identified Exporters to Cuba from Iowa
IACUBA475SCEN
Number of Identified Exporters to Cuba from South Carolina
SCCUBA475SCEN
Value of Exports to Cuba from Michigan
MICUBA052SCEN
Percentage of Foreign Bank Assets Among Total Bank Assets for Cuba
DDOI14CUA156NWDB
Number of Identified Exporters to Cuba from Missouri
MOCUBA475SCEN
Citation
U.S. Federal Reserve, Population ages 65 and above for Cuba (SPPOP65UPTOZSCUB), retrieved from FRED.