arts, ideas & societyOur World in Data

The number of people aged 65 and over is on course to double within thirty years

the gist

Today about 830 million people around the world are 65 or older. According to the latest UN data, that figure is projected to reach 1.7 billion by 2054, roughly doubling in about three decades. The shift reflects falling birth rates and longer lives, a combination that is changing the age structure of societies everywhere. Some countries are ageing faster than others, and the pace of change will shape pensions, healthcare, housing and the size of the workforce. Demographers see this as one of the more predictable large changes in the modern world, because the people who will be old in 2054 are mostly alive today.

so what

Older populations mean more spending on pensions and healthcare and fewer workers supporting each retiree, which is why ageing has become a central issue for governments.

fun fact

Japan has one of the largest shares of people over 65 of any country in the world.

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