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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A coffee garden in Killesberg park in Stuttgart, Germany.

The world is rapidly ageing. A whopping two billion people will be 60 years and older by 2050, more than triple the number in 2000, according to the World Health Organisation.

This demographic change has major implications for the global economy. Some of the world's biggest economies are facing rising health-care costs, a shrinking workforce, higher pension costs and diminishing fertility rates, according to CNBC.

Let's take a look at some countries facing ageing populations.

Source: CNBC

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A view of Monaco.

Monaco

Old/young ratio: 2.18:1

65 years and over: 26.9 per cent

0-14 years: 2.18 per cent

Global rank: 1

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
Women walk under ginkgo trees in Tokyo.

Japan

Old/young ratio: 1.74:1

65 years and over: 22.9 per cent

0-14 years: 13.1 per cent

Global rank: 2

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
Hat designer Fiona Bennett and her assistants work at Potsdamer Street in Berlin.

Germany

Old/young ratio: 1.54:1

65 years and over: 20.6 per cent

0-14 years: 13.3 per cent

Global rank: 3

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
Women use smartphones in front of the Trevi Fountain in Rome.

Italy

Old/young ratio: 1.47:1

65 years and over: 20.3 per cent

0-14 years: 13.8 per cent

Global rank: 4

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
Tourists sit on a hill overlooking Athens outside the archaeological site of the Acropolis.

Greece

Old/young ratio: 1.38:1

65 years and over: 19.6 per cent

0-14 years: 14.2 per cent

Global rank: 5

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A man rides a horse near Sofia.

Bulgaria

Old/young ratio: 1.31:1

65 years and over: 18.2 per cent

0-14 years: 13.9 per cent

Global rank: 6

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A view of Vienna International Center and UN headquarters in Vienna.

Austria

Old/young ratio: 1.3:1

65 years and over: 18.2 per cent

0-14 years: 14 per cent

Global rank: 7

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
People struggle against wind and drifting snow in Stockholm.

Sweden

Old/young ratio: 1.27:1

65 years and over: 19.7 per cent

0-14 years: 15.4 per cent

Global rank: 8

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A woman walks on the pedestrian area in Ljubljana.

Slovenia

Old/young ratio: 1.253:1

65 years and over: 16.8 per cent

0-14 years: 13.4 per cent

Global rank: 9

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World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:48 IST
A view of the Doma church and the suspension bridge in Riga.

Latvia

Old/young ratio: 1.251:1

65 years and over: 16.9 per cent

0-14 years: 13.5 per cent

Global rank: 10