Population ages 65 and above for the Russian Federation
SPPOP65UPTOZSRUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.18
Year-over-Year Change
35.12%
Date Range
1/1/1960 - 1/1/2024
Summary
This trend measures the percentage of the Russian population aged 65 and above. It is an important demographic indicator used by economists and policymakers to understand aging population dynamics 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
The 'Population ages 65 and above for the Russian Federation' metric tracks the share of the total Russian population that is aged 65 years and older. This data point provides insights into the aging of the Russian population and can inform analysis of pension systems, healthcare needs, and economic growth prospects.
Methodology
This data is collected and reported annually by the World Bank based on population estimates and census information.
Historical Context
Policymakers and economists use this metric to assess the socioeconomic impacts of Russia's aging demographics and inform decision-making.
Key Facts
- Russia's 65+ population reached 15.1% in 2021.
- The 65+ share has risen from 9.6% in 1960.
- Russia has an older population than the global average
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total Russian population that is aged 65 years and older.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Russia's aging demographics, which have significant economic and policy implications.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the World Bank based on population estimates and census information.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the socioeconomic impacts of Russia's aging population and inform decision-making on issues like pension systems and healthcare.
Q: Are there update delays or limitations?
A: The data is reported annually with a short delay, and may be subject to revisions based on updated population estimates.
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Citation
U.S. Federal Reserve, Population ages 65 and above for the Russian Federation (SPPOP65UPTOZSRUS), retrieved from FRED.