Population ages 65 and above for Turkey
SPPOP65UPTOZSTUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.28
Year-over-Year Change
40.10%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Turkey' trend measures the percentage of Turkey's total population that is 65 years of age or older. This indicator is closely watched by economists and policymakers to understand demographic shifts and their implications for economic growth and social 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
This series tracks the aging of Turkey's population, which has significant economic and policy implications. It is used to analyze the sustainability of Turkey's pension and healthcare systems, as well as to forecast changes in consumer demand, labor force participation, and other macroeconomic factors.
Methodology
The data is collected through national population surveys and censuses conducted by the Turkish Statistical Institute.
Historical Context
Policymakers use this trend to inform decisions around social security, healthcare, and economic planning.
Key Facts
- Turkey's 65+ population was 9.1% in 2021.
- The 65+ population is projected to reach 19.5% by 2050.
- Turkey has a relatively young population compared to other OECD countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Turkey's total population that is 65 years of age or older.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists and policymakers to understand demographic shifts and their implications for economic growth, social programs, and other macroeconomic factors in Turkey.
Q: How is this data collected or calculated?
A: The data is collected through national population surveys and censuses conducted by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions around social security, healthcare, and economic planning in Turkey.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with some potential for delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Turkey (SPPOP65UPTOZSTUR), retrieved from FRED.