Age dependency ratio of working age population in Iceland

Iceland: Age dependency ratio of working age population was 50.14 in 2023. ▼ Falling

Latest (2023)
50.14
Change on year
down 0.4%
World rank
165th
of 236 countries
All-time high
76.01
in 1962
All-time low
48.07
in 2008
Years of data
74
1950–2023

Age dependency ratio of working age population in Iceland, 1950–2023

020406080195019862023

Source: Our World in Data.

Analysis

In 2023, age dependency ratio of working age population in Iceland stood at 50.14.

The figure is down 0.4% on the previous year and down 1.2% over ten years.

Over the whole period, age dependency ratio of working age population in Iceland peaked at 76.01 in 1962 and was at its lowest, 48.07, in 2008.

That places Iceland 165th out of 236 countries with data for 2023, putting it 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 68.4 61.68 74.45 10
1960s 74.76 71.9 76.01 10
1970s 65.38 60.41 70.74 10
1980s 57.29 55.2 59.69 10
1990s 55.01 53.76 55.65 10
2000s 51.04 48.07 53.5 10
2010s 50.37 49.39 51.21 10
2020s 50.18 49.89 50.34 4

Countries ranked near Iceland

  1. 162 Barbados 50.56 compare
  2. 163 Suriname 50.52 compare
  3. 164 Aruba 50.5 compare
  4. 166 Peru 50.03 compare
  5. 167 Albania 50.01 compare
  6. 168 El Salvador 49.72 compare

See the full ranking of 236 places →

More population data for Iceland

All data for Iceland →

Frequently asked questions

What is age dependency ratio of working age population in Iceland?
Age dependency ratio of working age population in Iceland was 50.14 in 2023, according to Our World in Data.
What is the highest age dependency ratio of working age population recorded in Iceland?
The highest recorded value was 76.01 in 1962.
What is the lowest age dependency ratio of working age population recorded in Iceland?
The lowest recorded value was 48.07 in 2008.
How does Iceland rank for age dependency ratio of working age population?
Iceland ranks 165th out of 236 countries with data for 2023.
Is age dependency ratio of working age population rising or falling in Iceland?
Over the last ten years it is down 1.2%. The long-run trend across the full record is falling.
Where does this Iceland 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