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This article was first published 11 years ago

World's 10 economies facing ageing populations

Last updated on: December 13, 2012 08:34 IST

Image: A coffee garden in Killesberg park in Stuttgart, Germany.
Photographs: Christian Charisius/Reuters

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

...

World's 10 economies facing ageing populations

Image: A view of Monaco.
Photographs: Christian Hartmann/Reuters

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

...

Tags: , Monaco

World's 10 economies facing ageing populations

Image: Women walk under ginkgo trees in Tokyo.
Photographs: Yuriko Nakao/Reuters

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

...

Tags: , Japan

World's 10 economies facing ageing populations

Image: Hat designer Fiona Bennett and her assistants work at Potsdamer Street in Berlin.
Photographs: Thomas Peter/Reuters

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

...

Tags: , Germany

World's 10 economies facing ageing populations

Image: Women use smartphones in front of the Trevi Fountain in Rome.
Photographs: Tony Gentile/Reuters

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

...

Tags: , Italy

World's 10 economies facing ageing populations

Image: Tourists sit on a hill overlooking Athens outside the archaeological site of the Acropolis.
Photographs: Yannis Behrakis/Reuters

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

...

Tags: , Greece

World's 10 economies facing ageing populations

Image: A man rides a horse near Sofia.
Photographs: Stoyan Nenov/Reuters

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

...

Tags: , Bulgaria

World's 10 economies facing ageing populations

Image: A view of Vienna International Center and UN headquarters in Vienna.
Photographs: Herwig Prammer/Reuters

Austria

Old/young ratio: 1.3:1

65 years and over: 18.2 per cent

0-14 years: 14 per cent

Global rank: 7

...

Tags: , Austria

World's 10 economies facing ageing populations

Image: People struggle against wind and drifting snow in Stockholm.
Photographs: Scanpix/Reuters

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

...

Tags: , Sweden

World's 10 economies facing ageing populations

Image: A woman walks on the pedestrian area in Ljubljana.
Photographs: Srdjan Zivulovic/Reuters

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

...

Tags: , Slovenia

World's 10 economies facing ageing populations

Image: A view of the Doma church and the suspension bridge in Riga.
Photographs: Ints Kalnins/Reuters

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

Tags: Latvia