Population ages 65 and above for Portugal
SPPOP65UPTOZSPRT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.53
Year-over-Year Change
27.76%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Portugal' trend measures the percentage of the Portuguese population aged 65 and older. This metric is crucial for economists and policymakers to understand demographic shifts and plan for social services and entitlement 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 indicator tracks the proportion of the Portuguese population that has reached retirement age, providing insight into the country's aging demographics. It is widely used to assess the sustainability of pension systems, healthcare resources, and other public services targeted at the elderly.
Methodology
The data is collected by the World Bank based on population estimates from national statistical offices.
Historical Context
Monitoring this trend helps inform economic and social policies related to retirement, healthcare, and welfare in Portugal.
Key Facts
- Portugal has one of the oldest populations in the European Union.
- The percentage of the population aged 65 and above has grown from 11.2% in 1960 to 21.8% in 2021.
- An aging population can put strain on public pension and healthcare systems.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total population in Portugal that is aged 65 and above.
Q: Why is this trend relevant for users or analysts?
A: Tracking the aging of the Portuguese population is crucial for policymakers to plan for the future needs of retirees and the elderly, such as healthcare, social services, and pension systems.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank based on population estimates from Portugal's national statistical office.
Q: How is this trend used in economic policy?
A: This trend informs economic and social policies related to retirement, healthcare, and welfare in Portugal, helping ensure the sustainability of public services for the growing elderly population.
Q: Are there update delays or limitations?
A: The data is published annually with a short delay, and may be subject to revisions by the national statistical office.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Portugal (SPPOP65UPTOZSPRT), retrieved from FRED.