Population ages 65 and above for Germany
SPPOP65UPTOZSDEU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.20
Year-over-Year Change
12.39%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the percentage of the German population aged 65 and above. Understanding demographic shifts is crucial for policymakers and economists to anticipate the economic and social impacts of an aging population.
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 Germany metric tracks the proportion of the total German population composed of individuals aged 65 and older. This data provides insight into the country's demographic composition and is widely used to analyze the economic and social implications of population aging.
Methodology
This data is calculated and published by the World Bank using national census and survey information.
Historical Context
Monitoring age distribution trends is essential for policymakers to plan for the economic and social effects of population aging, such as pension systems, healthcare, and labor force changes.
Key Facts
- Germany has one of the oldest populations in the world.
- The share of Germans aged 65+ has risen from 15.6% in 1990 to 21.5% in 2020.
- Aging trends will impact Germany's economic growth and social welfare systems.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the percentage of the total German population that is aged 65 and above, providing insight into the country's demographic composition.
Q: Why is this trend relevant for users or analysts?
A: Understanding population aging is crucial for policymakers and economists to anticipate the economic and social impacts, such as on pension systems, healthcare, and the labor force.
Q: How is this data collected or calculated?
A: The data is calculated and published by the World Bank using national census and survey information.
Q: How is this trend used in economic policy?
A: Monitoring age distribution trends is essential for policymakers to plan for the economic and social effects of population aging on a country's economy and social welfare systems.
Q: Are there update delays or limitations?
A: The World Bank updates this data annually, but there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Germany (SPPOP65UPTOZSDEU), retrieved from FRED.