OLD-AGE
SUPPORT RATIO
1
The old-age support ratio relates to the number of people who are capable of providing economic support to the number of older people who may be dependent on others' support.
20-64Years Old
65 YearsAnd Over
2
It is computed as the ratio of the
working-age population (e.g. aged
20-64 years) per person aged 65 years
and over in Singapore.
3
Over the past decades, the old-age support
ratio of the resident population (comprising
Singapore citizens and permanent
residents) has steadily decreased.
4
Factors contributing to this downward trend include rising life expectancy and falling birth rates.
DECLINING
OLD-AGE SUPPORT RATIO
Residents
65years and over
20-64years old
Years
1990
2010
2020
2023