Population ages 65 and above for Kiribati
SPPOP65UPTOZSKIR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
17.68%
Date Range
1/1/1960 - 1/1/2024
Summary
This trend measures the percentage of the total population in Kiribati that is aged 65 and above. Understanding demographic shifts is crucial for policymakers to plan for changing social and economic needs.
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 Kiribati metric tracks the proportion of the country's residents who have reached retirement age. This data provides insights into the aging of Kiribati's population and can inform decisions around social programs, healthcare, and economic policies.
Methodology
The data is collected and reported by the World Bank using household surveys and census information.
Historical Context
Policymakers and economists analyze this metric to anticipate future demand for senior services and plan appropriately.
Key Facts
- Kiribati's population ages 65 and above was 5.3% in 2021.
- The percentage of Kiribati's population over 65 has increased by 1.4% since 2000.
- Kiribati has a younger population compared to many other Pacific island nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Kiribati's total population that is aged 65 and above.
Q: Why is this trend relevant for users or analysts?
A: Understanding the aging demographics in Kiribati is crucial for policymakers to plan for changing social and economic needs as the population grows older.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank using household surveys and census information.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to anticipate future demand for senior services and plan appropriately.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in reporting from some countries.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Kiribati (SPPOP65UPTOZSKIR), retrieved from FRED.