Population ages 65 and above for Nicaragua
SPPOP65UPTOZSNIC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.53
Year-over-Year Change
24.12%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Nicaragua' trend measures the percentage of the Nicaraguan population aged 65 and older. This is a key demographic indicator used by economists and policymakers to analyze population aging and its economic and social 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 series represents the proportion of the total Nicaraguan population aged 65 and above. It is a vital metric for understanding the country's demographic transition and its impacts on labor force, social programs, and economic growth.
Methodology
The data is collected through national census and household survey efforts coordinated by the Nicaraguan government.
Historical Context
Trends in population aging influence policymaking around public pension systems, healthcare, and workforce dynamics.
Key Facts
- Nicaragua's 65+ population was 6.4% in 2020.
- The 65+ share is projected to reach 12.5% by 2050.
- Aging will strain Nicaragua's social security and healthcare systems.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Nicaragua's total population that is aged 65 and above. It is a key demographic indicator.
Q: Why is this trend relevant for users or analysts?
A: Population aging has significant economic and social implications, so this metric is crucial for policymakers and economists analyzing Nicaragua's demographic transition.
Q: How is this data collected or calculated?
A: The data is collected through national census and household survey efforts coordinated by the Nicaraguan government.
Q: How is this trend used in economic policy?
A: Trends in population aging influence policymaking around public pension systems, healthcare, and workforce dynamics in Nicaragua.
Q: Are there update delays or limitations?
A: The data may have lags due to the time required for national census and survey collection and compilation.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Nicaragua (SPPOP65UPTOZSNIC), retrieved from FRED.