World's 10 economies facing ageing populations

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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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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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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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

...

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

...

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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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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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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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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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

...

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