Population ages 65 and above for Malawi
SPPOP65UPTOZSMWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.59
Year-over-Year Change
-23.26%
Date Range
1/1/1960 - 1/1/2024
Summary
This trend measures the percentage of the Malawian population aged 65 and above. It is an important demographic indicator used by economists and policymakers to understand 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 for Malawi metric tracks the share of the total population in Malawi that is 65 years old or older. This data point is widely used to analyze population aging trends and their potential impact on social services, healthcare, and economic growth.
Methodology
The data is collected through national census and survey efforts coordinated by the Malawian government.
Historical Context
Policymakers and development organizations utilize this metric to inform strategies around supporting aging populations and managing demographic shifts.
Key Facts
- Malawi has a relatively young population, with only 3.3% aged 65 and above as of 2021.
- The 65+ population in Malawi has grown from 2.4% in 1990 to 3.3% in 2021.
- Malawi has one of the lowest old-age dependency ratios in the world at 6.4 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in Malawi 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: The 65 and above population metric is crucial for understanding the social, economic, and policy implications of population aging in Malawi.
Q: How is this data collected or calculated?
A: The data is collected through national census and survey efforts coordinated by the Malawian government.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to inform strategies around supporting aging populations and managing demographic shifts in Malawi.
Q: Are there update delays or limitations?
A: The data is updated regularly based on national census and survey efforts, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Malawi (SPPOP65UPTOZSMWI), retrieved from FRED.