dependency ratio

The dependency ratio is a demographic indicator that measures the ratio of the dependent population (typically children and the elderly) to the working-age population. It provides insight into the burden placed on the working-age population to support dependents. The formula for calculating the dependency ratio is: Dependency Ratio = (Number of dependents / Number of working-age population) * 100 A high dependency ratio indicates a larger proportion of dependents relative to the working-age population, which can have implications for social security systems, healthcare, and economic productivity. Conversely, a low dependency ratio suggests a smaller burden on the working-age population. It's worth noting that the specific definition and calculation of the dependency ratio may vary between countries or organizations. For a more accurate analysis, it is essential to consider other demographic factors such as fertility rates, life expectancy, and labor force participation rates.