Population ages 65 and above for the Democratic People's Republic of Korea
SPPOP65UPTOZSPRK • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.40
Year-over-Year Change
20.00%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the percentage of the population in the Democratic People's Republic of Korea (DPRK) aged 65 and above. Understanding demographic shifts is crucial for policymakers to address the economic and social implications of an aging population.
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 the Democratic People's Republic of Korea' metric tracks the proportion of the DPRK's total population that is 65 years or older. This data point provides insight into the country's demographic transition and can inform economic, healthcare, and social welfare policies.
Methodology
The data is collected through national census and survey efforts in the DPRK.
Historical Context
Monitoring the aging population is important for the DPRK government to allocate resources and plan for the economic and social needs of its citizens.
Key Facts
- The DPRK has one of the fastest-aging populations globally.
- Over 10% of the DPRK's population is aged 65 and above as of the latest data.
- An aging population poses challenges for the DPRK's social security and healthcare systems.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in the Democratic People's Republic of Korea (DPRK) that is aged 65 and above.
Q: Why is this trend relevant for users or analysts?
A: Understanding the aging demographics in the DPRK is crucial for policymakers to address the economic and social implications of a growing elderly population.
Q: How is this data collected or calculated?
A: The data is collected through national census and survey efforts in the DPRK.
Q: How is this trend used in economic policy?
A: Monitoring the aging population is important for the DPRK government to allocate resources and plan for the economic and social needs of its citizens.
Q: Are there update delays or limitations?
A: The data may be subject to delays or limitations due to the DPRK's closed statistical reporting system.
Related Trends
Bank's Return on Assets for Democratic People's Republic of Korea
DDEI05KPA156NWDB
Bank's Return on Equity for Democratic People's Republic of Korea
DDEI06KPA156NWDB
Number of Identified Exporters to Democratic People's Republic of Korea from Arizona
AZPRKA475SCEN
Number of Identified Exporters to Democratic People's Republic of Korea from Oregon
ORPRKA475SCEN
Number of Identified Exporters to Democratic People's Republic of Korea from Iowa
IAPRKA475SCEN
U.S. Exports of Goods by F.A.S. Basis to North Korea
EXP5790
Citation
U.S. Federal Reserve, Population ages 65 and above for the Democratic People's Republic of Korea (SPPOP65UPTOZSPRK), retrieved from FRED.