Age dependency ratio of working age population in Faroe Islands
Faroe Islands: Age dependency ratio of working age population was 60.99 in 2023. ▼ Falling
Latest (2023)
60.99
Change on year
down 1.5%
World rank
74th
of 236 countries
All-time high
70.57
in 1956
All-time low
56.26
in 2007
Years of data
74
1950–2023
Age dependency ratio of working age population in Faroe Islands, 1950–2023
Source: Our World in Data.
Analysis
Faroe Islands recorded 60.99 for age dependency ratio of working age population in 2023.
That represents a change of down 1.5% on the previous year and up 2.7% over ten years.
Over the whole period, age dependency ratio of working age population in Faroe Islands peaked at 70.57 in 1956 and was at its lowest, 56.26, in 2007.
Faroe Islands ranks 74th of 236 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 74 years of available data.
Age dependency ratio of working age population in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 67.49 | — |
| 1951 | 68.26 | +1.1% |
| 1952 | 68.92 | +1.0% |
| 1953 | 69.46 | +0.8% |
| 1954 | 70.04 | +0.8% |
| 1955 | 70.57 | +0.8% |
| 1956 | 70.57 | +0.0% |
| 1957 | 70.11 | -0.7% |
| 1958 | 69.78 | -0.5% |
| 1959 | 69.38 | -0.6% |
| 1960 | 68.89 | -0.7% |
| 1961 | 68.31 | -0.9% |
| 1962 | 67.75 | -0.8% |
| 1963 | 67.34 | -0.6% |
| 1964 | 67.07 | -0.4% |
| 1965 | 67.02 | -0.1% |
| 1966 | 67.07 | +0.1% |
| 1967 | 67.11 | +0.1% |
| 1968 | 67.33 | +0.3% |
| 1969 | 67.58 | +0.4% |
| 1970 | 67.55 | -0.0% |
| 1971 | 67.06 | -0.7% |
| 1972 | 66.43 | -0.9% |
| 1973 | 65.94 | -0.7% |
| 1974 | 65.59 | -0.5% |
| 1975 | 65.3 | -0.4% |
| 1976 | 64.93 | -0.6% |
| 1977 | 64.37 | -0.9% |
| 1978 | 63.55 | -1.3% |
| 1979 | 62.72 | -1.3% |
| 1980 | 61.88 | -1.3% |
| 1981 | 61.01 | -1.4% |
| 1982 | 60.07 | -1.5% |
| 1983 | 59.16 | -1.5% |
| 1984 | 58.39 | -1.3% |
| 1985 | 57.83 | -1.0% |
| 1986 | 57.42 | -0.7% |
| 1987 | 56.98 | -0.8% |
| 1988 | 56.63 | -0.6% |
| 1989 | 56.49 | -0.2% |
| 1990 | 56.88 | +0.7% |
| 1991 | 57.74 | +1.5% |
| 1992 | 58.66 | +1.6% |
| 1993 | 59.52 | +1.5% |
| 1994 | 60.09 | +1.0% |
| 1995 | 60.14 | +0.1% |
| 1996 | 59.92 | -0.4% |
| 1997 | 59.81 | -0.2% |
| 1998 | 59.83 | +0.0% |
| 1999 | 59.76 | -0.1% |
| 2000 | 59.49 | -0.4% |
| 2001 | 59.07 | -0.7% |
| 2002 | 58.72 | -0.6% |
| 2003 | 58.31 | -0.7% |
| 2004 | 57.57 | -1.3% |
| 2005 | 56.79 | -1.3% |
| 2006 | 56.31 | -0.9% |
| 2007 | 56.26 | -0.1% |
| 2008 | 56.73 | +0.8% |
| 2009 | 57.29 | +1.0% |
| 2010 | 57.61 | +0.5% |
| 2011 | 57.99 | +0.7% |
| 2012 | 58.57 | +1.0% |
| 2013 | 59.37 | +1.4% |
| 2014 | 60.52 | +1.9% |
| 2015 | 61.17 | +1.1% |
| 2016 | 61.46 | +0.5% |
| 2017 | 61.96 | +0.8% |
| 2018 | 62.2 | +0.4% |
| 2019 | 62.24 | +0.1% |
| 2020 | 62.45 | +0.3% |
| 2021 | 62.5 | +0.1% |
| 2022 | 61.9 | -1.0% |
| 2023 | 60.99 | -1.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 60.99 is above the median for high income countries, which is 52.7, 1.2× the median. (85 countries reporting)
- Faroe Islands's 60.99 is above the median for Europe & Central Asia, which is 55.31, 1.1× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 69.46 | 67.49 | 70.57 | 10 |
| 1960s | 67.55 | 67.02 | 68.89 | 10 |
| 1970s | 65.34 | 62.72 | 67.55 | 10 |
| 1980s | 58.59 | 56.49 | 61.88 | 10 |
| 1990s | 59.24 | 56.88 | 60.14 | 10 |
| 2000s | 57.65 | 56.26 | 59.49 | 10 |
| 2010s | 60.31 | 57.61 | 62.24 | 10 |
| 2020s | 61.96 | 60.99 | 62.5 | 4 |
Countries ranked near Faroe Islands
- 71 Guam 61.61 compare
- 72 Kyrgyzstan 61.55 compare
- 73 French Guiana 61.4 compare
- 75 Micronesia (country) 60.93 compare
- 76 Kazakhstan 60.89 compare
- 77 Eswatini 60.81 compare
More population data for Faroe Islands
- Population regions with projections, annual growth rate -0.2397 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.07 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2397 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1096 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4747 % change on previous year (2100)
- Population growth rate -0.247 (2100)
- Population density 46.18 (2100)
- Projected population under age 5 2,935 (2100)
- Population growth rate by level of development -0.247 (2100)
- Urbanization vs gdp, annual growth rate 0.5838 % change on previous year (2025)
Frequently asked questions
- What is age dependency ratio of working age population in Faroe Islands?
- Age dependency ratio of working age population in Faroe Islands was 60.99 in 2023, according to Our World in Data.
- What is the highest age dependency ratio of working age population recorded in Faroe Islands?
- The highest recorded value was 70.57 in 1956.
- What is the lowest age dependency ratio of working age population recorded in Faroe Islands?
- The lowest recorded value was 56.26 in 2007.
- How does Faroe Islands rank for age dependency ratio of working age population?
- Faroe Islands ranks 74th out of 236 countries with data for 2023.
- Is age dependency ratio of working age population rising or falling in Faroe Islands?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from Our World in Data, published as part of Age dependency ratio of working age population. Statizoid updates them automatically from the source API.
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