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

020406080195019862023

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 71 Guam 61.61 compare
  2. 72 Kyrgyzstan 61.55 compare
  3. 73 French Guiana 61.4 compare
  4. 75 Micronesia (country) 60.93 compare
  5. 76 Kazakhstan 60.89 compare
  6. 77 Eswatini 60.81 compare

See the full ranking of 236 places →

More population data for Faroe Islands

All data for Faroe Islands →

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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About this data

Indicator
Age dependency ratio of working age population
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
236 places, 17,464 data points, 1950–2023
Last refreshed