Population ages 65 and above for Finland
SPPOP65UPTOZSFIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.90
Year-over-Year Change
29.52%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Finland' trend measures the percentage of Finland's total population aged 65 and older. This statistic is critical for economists and policymakers analyzing demographic shifts and their socioeconomic 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 tracks the aging of Finland's population, providing insights into factors like pension system sustainability, healthcare needs, and labor force dynamics. Monitoring this trend is vital for forecasting economic growth, social program planning, and public policy decisions.
Methodology
The data is collected through national census and household survey efforts coordinated by Statistics Finland.
Historical Context
Policymakers and analysts use this metric to assess the fiscal and economic impacts of population aging in Finland.
Key Facts
- Finland has one of the oldest populations in the European Union.
- The percentage of Finns aged 65+ has more than doubled since 1980.
- Population aging poses challenges for Finland's pension and healthcare systems.
FAQs
Q: What does this economic trend measure?
A: The 'Population ages 65 and above for Finland' trend measures the percentage of Finland's total population that is aged 65 and older.
Q: Why is this trend relevant for users or analysts?
A: This trend provides critical insights into Finland's demographic shifts, which have significant implications for the country's economy, social programs, and public policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national census and household survey efforts coordinated by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the fiscal and economic impacts of population aging in Finland, informing decisions related to pension systems, healthcare, and labor force dynamics.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as new census and survey information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Finland
IGDXENFIM086NEST
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels for Finland
FINCPHP0405GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Finland
FINCPHP0300IXOBM
Consumer Price Index: Health (COICOP 06): Total for Finland
FINCP060000IXNBM
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Finland
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Harmonized Index of Consumer Prices: Gas for Finland
CP0452FIM086NEST
Citation
U.S. Federal Reserve, Population ages 65 and above for Finland (SPPOP65UPTOZSFIN), retrieved from FRED.