Age dependency ratio young of working age population in Faroe Islands
Faroe Islands: Age dependency ratio young of working age population was 32.46 in 2023. ▼ Falling
Latest (2023)
32.46
Change on year
down 1.9%
World rank
123rd
of 236 countries
All-time high
57.35
in 1955
All-time low
32.46
in 2023
Years of data
74
1950–2023
Age dependency ratio young of working age population in Faroe Islands, 1950–2023
Source: Our World in Data.
Analysis
Faroe Islands recorded 32.46 for age dependency ratio young of working age population in 2023. That is the lowest value across all 74 years on record.
That represents a change of down 1.9% on the previous year and down 3.8% over ten years.
Over the whole period, age dependency ratio young of working age population in Faroe Islands peaked at 57.35 in 1955 and was at its lowest, 32.46, in 2023.
Faroe Islands ranks 123rd 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 young of working age population in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 54.81 | — |
| 1951 | 55.56 | +1.4% |
| 1952 | 56.14 | +1.0% |
| 1953 | 56.57 | +0.8% |
| 1954 | 57.01 | +0.8% |
| 1955 | 57.35 | +0.6% |
| 1956 | 57.3 | -0.1% |
| 1957 | 56.9 | -0.7% |
| 1958 | 56.52 | -0.7% |
| 1959 | 56.05 | -0.8% |
| 1960 | 55.47 | -1.0% |
| 1961 | 54.76 | -1.3% |
| 1962 | 54.09 | -1.2% |
| 1963 | 53.56 | -1.0% |
| 1964 | 53.16 | -0.7% |
| 1965 | 52.97 | -0.4% |
| 1966 | 52.9 | -0.1% |
| 1967 | 52.86 | -0.1% |
| 1968 | 52.99 | +0.3% |
| 1969 | 53.13 | +0.3% |
| 1970 | 52.99 | -0.3% |
| 1971 | 52.42 | -1.1% |
| 1972 | 51.7 | -1.4% |
| 1973 | 51.09 | -1.2% |
| 1974 | 50.59 | -1.0% |
| 1975 | 50.11 | -0.9% |
| 1976 | 49.53 | -1.2% |
| 1977 | 48.74 | -1.6% |
| 1978 | 47.68 | -2.2% |
| 1979 | 46.58 | -2.3% |
| 1980 | 45.48 | -2.4% |
| 1981 | 44.33 | -2.5% |
| 1982 | 43.11 | -2.7% |
| 1983 | 41.93 | -2.7% |
| 1984 | 40.86 | -2.6% |
| 1985 | 40.05 | -2.0% |
| 1986 | 39.43 | -1.5% |
| 1987 | 38.87 | -1.4% |
| 1988 | 38.39 | -1.2% |
| 1989 | 38.17 | -0.6% |
| 1990 | 38.24 | +0.2% |
| 1991 | 38.48 | +0.6% |
| 1992 | 38.69 | +0.5% |
| 1993 | 38.81 | +0.3% |
| 1994 | 38.69 | -0.3% |
| 1995 | 38.35 | -0.9% |
| 1996 | 38.04 | -0.8% |
| 1997 | 37.9 | -0.4% |
| 1998 | 37.97 | +0.2% |
| 1999 | 38.03 | +0.1% |
| 2000 | 37.91 | -0.3% |
| 2001 | 37.68 | -0.6% |
| 2002 | 37.46 | -0.6% |
| 2003 | 37.16 | -0.8% |
| 2004 | 36.63 | -1.4% |
| 2005 | 35.87 | -2.1% |
| 2006 | 35.17 | -2.0% |
| 2007 | 34.73 | -1.2% |
| 2008 | 34.61 | -0.4% |
| 2009 | 34.56 | -0.1% |
| 2010 | 34.18 | -1.1% |
| 2011 | 33.8 | -1.1% |
| 2012 | 33.71 | -0.3% |
| 2013 | 33.74 | +0.1% |
| 2014 | 33.99 | +0.7% |
| 2015 | 33.94 | -0.1% |
| 2016 | 33.8 | -0.4% |
| 2017 | 33.94 | +0.4% |
| 2018 | 33.99 | +0.1% |
| 2019 | 33.86 | -0.4% |
| 2020 | 33.71 | -0.5% |
| 2021 | 33.51 | -0.6% |
| 2022 | 33.08 | -1.3% |
| 2023 | 32.46 | -1.9% |
Faroe Islands compared with similar countries
- Faroe Islands's 32.46 is above the median for high income countries, which is 24.92, 1.3× the median. (85 countries reporting)
- Faroe Islands's 32.46 is above the median for Europe & Central Asia, which is 24.95, 1.3× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 56.42 | 54.81 | 57.35 | 10 |
| 1960s | 53.59 | 52.86 | 55.47 | 10 |
| 1970s | 50.14 | 46.58 | 52.99 | 10 |
| 1980s | 41.06 | 38.17 | 45.48 | 10 |
| 1990s | 38.32 | 37.9 | 38.81 | 10 |
| 2000s | 36.18 | 34.56 | 37.91 | 10 |
| 2010s | 33.9 | 33.71 | 34.18 | 10 |
| 2020s | 33.19 | 32.46 | 33.71 | 4 |
Countries ranked near Faroe Islands
- 120 Saudi Arabia 32.97 compare
- 121 Wallis and Futuna 32.92 compare
- 122 Northern Mariana Islands 32.89 compare
- 124 Saint Vincent and the Grenadines 32.41 compare
- 125 Saint Barthelemy 32.15 compare
- 126 Azerbaijan 32.08 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 young of working age population in Faroe Islands?
- Age dependency ratio young of working age population in Faroe Islands was 32.46 in 2023, according to Our World in Data.
- What is the highest age dependency ratio young of working age population recorded in Faroe Islands?
- The highest recorded value was 57.35 in 1955.
- What is the lowest age dependency ratio young of working age population recorded in Faroe Islands?
- The lowest recorded value was 32.46 in 2023.
- How does Faroe Islands rank for age dependency ratio young of working age population?
- Faroe Islands ranks 123rd out of 236 countries with data for 2023.
- Is age dependency ratio young of working age population rising or falling in Faroe Islands?
- Over the last ten years it is down 3.8%. 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 young of working age population. Statizoid updates them automatically from the source API.
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