Population ages 65 and above for Mozambique
SPPOP65UPTOZSMOZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.75
Year-over-Year Change
1.74%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the percentage of Mozambique's total population aged 65 and above. It is a key demographic indicator used by policymakers and economists to analyze aging populations and inform social welfare programs.
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 Mozambique' series tracks the proportion of Mozambique's total population that is 65 years old or older. This metric is widely used to study demographic shifts and aging trends, which have significant implications for economic and social policy planning.
Methodology
This data is collected and reported annually by the World Bank based on national population census and survey information.
Historical Context
Tracking the elderly population share is crucial for Mozambique and other developing economies to anticipate the future needs of their aging citizens and adapt social safety nets accordingly.
Key Facts
- Mozambique's elderly population was 3.4% in 2021.
- The 65+ age group is projected to double by 2050.
- Rapid aging presents challenges for Mozambique's social systems.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Mozambique's total population that is aged 65 and above, providing insights into the country's demographic aging.
Q: Why is this trend relevant for users or analysts?
A: Tracking the elderly population share is crucial for Mozambique and other developing economies to anticipate the future needs of their aging citizens and adapt social safety nets accordingly.
Q: How is this data collected or calculated?
A: This data is collected and reported annually by the World Bank based on national population census and survey information.
Q: How is this trend used in economic policy?
A: The elderly population share is used by policymakers and economists to analyze aging trends and inform the planning of social welfare programs and other policies targeting the needs of Mozambique's aging population.
Q: Are there update delays or limitations?
A: This data is reported annually, so there may be a 1-year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Mozambique (SPPOP65UPTOZSMOZ), retrieved from FRED.