Population ages 65 and above for Puerto Rico
SPPOP65UPTOZSPRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.72
Year-over-Year Change
49.57%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Puerto Rico' trend measures the percentage of Puerto Rico's total population that is aged 65 or older. This statistic is important for economists and policymakers analyzing demographic shifts and their economic 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 share of Puerto Rico's total population that is 65 years of age or older. Tracking this age group over time provides insights into the island's demographic transition and can inform decisions around social services, labor force participation, and economic planning.
Methodology
The data is collected through national census and survey programs by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the aging of Puerto Rico's population and its potential economic and fiscal impacts.
Key Facts
- Puerto Rico's 65+ population was 20.2% in 2021.
- The 65+ share has increased from 14.5% in 2010.
- An aging population can impact labor supply and social services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Puerto Rico's total population that is aged 65 years and above.
Q: Why is this trend relevant for users or analysts?
A: Tracking the aging of Puerto Rico's population is crucial for policymakers and economists to understand the island's demographic shifts and their economic implications.
Q: How is this data collected or calculated?
A: The data is collected through national census and survey programs by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the aging of Puerto Rico's population and its potential economic and fiscal impacts, informing decisions around social services, labor force participation, and economic planning.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Census Bureau, though there may be some delays in publication.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Puerto Rico (SPPOP65UPTOZSPRI), retrieved from FRED.