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The dependency ratio is equal to the population below 15 or above 64, divided by population in the 15-64 age group. This is usually expressed as a percent In 2020, the average Indian was only 29 age. - Sociology

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Question

The dependency ratio is equal to the population below 15 or above 64, divided by population in the 15-64 age group. This is usually expressed as a percentage. In 2020, the average Indian was only 29 years old, compared with an average age of 37 in China and the United States, 45 in Western Europe, and 48 in Japan. What inference can you draw from this statement?

Short Answer

Solution

  • Demographic window of opportunity available to India if harnessed appropriately;
  • Slowly growing ageing population in rest of the countries as compared to India.
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