Luxembourg has lowest old-age dependency ratio in EU | #Europe | Luxembourg (Europe) | Scoop.it

Not only does Grand Duchy boast lowest ratio, it's the only country in Europe where the figure is falling

Lowest old-age dependency ratio in the European Union (EU), according to a Eurostat report publishing 2017 figures.

The study, carried out every year, looks at citizens over the age of 65 who are dependent on the working age population, which Eurostat sets between the ages of 15 and 64.

Luxembourg scores the lowest at 20.5% in the old-age dependency ratio, which means that it has about five people of working age for every person of the older generation.

The Grand Duchy is closely followed by Ireland at 20.7% before a nearly 1-percentage-point jump to Slovakia at 21.5%.

At the top end of the scale, the most old-age dependent country in 2017 was Italy at 34.8%, followed by Greece (33.6%).

 

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