Population ages 65 and above for the Republic of the Gambia
SPPOP65UPTOZSGMB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.08
Year-over-Year Change
15.61%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the percentage of the total population in the Republic of the Gambia aged 65 and above. It is a key demographic indicator used by policymakers and economists to analyze population aging and its 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
The 'Population ages 65 and above' metric represents the share of a country's total population that is aged 65 years or older. This data point is widely used to study aging populations, which has significant implications for public services, labor markets, and economic growth.
Methodology
This data is collected through national census and household survey efforts coordinated by the Gambian government.
Historical Context
Policymakers and international organizations utilize this aging population metric to inform economic, healthcare, and social welfare planning.
Key Facts
- The Gambia has a relatively young population compared to global averages.
- Over 3% of the Gambian population is aged 65 and above as of the latest data.
- Population aging trends vary significantly across different regions of The Gambia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in the Republic of the Gambia that is aged 65 years and older.
Q: Why is this trend relevant for users or analysts?
A: Tracking the aging of a country's population is crucial for policymakers and economists to understand the socioeconomic implications and plan accordingly.
Q: How is this data collected or calculated?
A: This data is collected through national census and household survey efforts coordinated by the Gambian government.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations utilize this aging population metric to inform economic, healthcare, and social welfare planning.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in geographic coverage or survey methodology.
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Citation
U.S. Federal Reserve, Population ages 65 and above for the Republic of the Gambia (SPPOP65UPTOZSGMB), retrieved from FRED.