The global number of people aged 65+ is set to double within the next 30 years
Today, there are around 830 million people aged 65 and older in the world. According to the latest UN data, it is projected to grow to 1.7 billion by 2054.
Asia, the world's most populous continent, is at the heart of this change, with its elderly population expected to more than double.
While rapid population growth has driven some of this increase, better healthcare and longer life spans also play a huge role.
It’s a great achievement that so many more people are living longer, healthier lives. At the same time, the working-age population will only grow 20% between 2024 and 2054. Societies will need to figure out how to care for more elderly people while improving everyone’s quality of life.
(This Daily Data Insight was written by Simon van Teutem.)