Population ages 65 and above for Rwanda
SPPOP65UPTOZSRWA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.93
Year-over-Year Change
40.52%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population ages 65 and above for Rwanda' trend measures the percentage of Rwanda's total population aged 65 and older. This data point is crucial for 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 indicator tracks the proportion of Rwanda's population that has reached retirement age. Understanding population aging is vital for forecasting workforce dynamics, social safety net needs, and long-term economic planning.
Methodology
The data is compiled by the World Bank from national statistical agencies and censuses.
Historical Context
Governments and international organizations use this metric to guide policies around pensions, healthcare, and labor force participation.
Key Facts
- Rwanda's 65+ population was 3.1% in 2021.
- The 65+ share has increased from 2.3% in 2000.
- Rwanda has a relatively young population compared to global averages.
FAQs
Q: What does this economic trend measure?
A: The 'Population ages 65 and above for Rwanda' indicator tracks the percentage of Rwanda's total population that is 65 years of age or older.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Rwanda's demographic shifts and their economic implications, such as labor force dynamics, social safety net requirements, and long-term policy planning.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from national statistical agencies and census information.
Q: How is this trend used in economic policy?
A: Governments and international organizations use this indicator to guide policies around pensions, healthcare, and labor force participation as the population ages.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Population ages 65 and above for Rwanda (SPPOP65UPTOZSRWA), retrieved from FRED.