Age dependency breakdown in Iceland

Iceland: Age dependency breakdown was 23.0% in 2023. ▲ Rising

Latest (2023)
23.0%
Change on year
up 1.4%
World rank
73rd
of 236 countries
All-time high
23.0%
in 2023
All-time low
12.2%
in 1950
Years of data
74
1950–2023

Age dependency breakdown in Iceland, 1950–2023

0510152025195019862023

Source: UN, World Population Prospects (2024) – processed by Our World in Data. Measured in %.

Analysis

In 2023, age dependency breakdown in Iceland stood at 23.0%. That is the highest value across all 74 years on record.

The figure is up 1.4% on the previous year and up 17.0% over ten years.

Over the whole period, age dependency breakdown in Iceland peaked at 23.0% in 2023 and was at its lowest, 12.2%, in 1950.

Iceland ranks 73rd of 236 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 74 years of available data.

Age dependency breakdown in Iceland, year by year

Annual values for Age dependency breakdown in Iceland, 1950 to 2023.
Year % Change
1950 12.2%
1951 12.3% +1.4%
1952 12.5% +1.4%
1953 12.6% +0.9%
1954 12.7% +0.9%
1955 12.9% +1.1%
1956 13.1% +2.0%
1957 13.4% +2.1%
1958 13.7% +1.8%
1959 13.9% +1.8%
1960 14.1% +1.5%
1961 14.3% +1.5%
1962 14.5% +1.1%
1963 14.6% +0.8%
1964 14.7% +0.6%
1965 14.8% +0.6%
1966 14.8% +0.2%
1967 14.8% -0.3%
1968 14.8% +0.1%
1969 14.9% +0.8%
1970 15.0% +0.8%
1971 15.1% +0.5%
1972 15.1% -0.1%
1973 15.1% -0.2%
1974 15.1% +0.0%
1975 15.1% +0.1%
1976 15.2% +0.8%
1977 15.4% +1.2%
1978 15.6% +1.1%
1979 15.7% +0.9%
1980 15.8% +0.4%
1981 15.7% -0.1%
1982 15.7% -0.1%
1983 15.8% +0.2%
1984 15.8% +0.4%
1985 15.9% +0.8%
1986 16.2% +1.4%
1987 16.3% +0.8%
1988 16.3% -0.2%
1989 16.3% +0.3%
1990 16.5% +1.1%
1991 16.6% +0.8%
1992 16.8% +0.9%
1993 17.0% +1.2%
1994 17.2% +1.2%
1995 17.4% +1.5%
1996 17.7% +1.3%
1997 17.8% +0.7%
1998 17.8% +0.1%
1999 17.8% -0.2%
2000 17.8% -0.1%
2001 17.8% +0.1%
2002 17.9% +0.4%
2003 17.9% +0.2%
2004 17.9% -0.1%
2005 17.7% -1.0%
2006 17.4% -1.8%
2007 17.1% -1.4%
2008 17.1% +0.0%
2009 17.5% +2.3%
2010 18.1% +3.4%
2011 18.6% +2.9%
2012 19.2% +2.9%
2013 19.7% +2.6%
2014 20.2% +2.5%
2015 20.7% +2.5%
2016 21.0% +1.7%
2017 21.1% +0.4%
2018 21.2% +0.3%
2019 21.4% +1.1%
2020 21.8% +2.0%
2021 22.3% +2.4%
2022 22.7% +1.6%
2023 23.0% +1.4%

Iceland compared with similar countries

  • Iceland's 23.0% is below the median for high income countries, which is 25.9%, 89% of the median. (85 countries reporting)
  • Iceland's 23.0% is below the median for Europe & Central Asia, which is 30.1%, 76% of the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 12.9% 12.2% 13.9% 10
1960s 14.6% 14.1% 14.9% 10
1970s 15.2% 15.0% 15.7% 10
1980s 16.0% 15.7% 16.3% 10
1990s 17.3% 16.5% 17.8% 10
2000s 17.6% 17.1% 17.9% 10
2010s 20.1% 18.1% 21.4% 10
2020s 22.5% 21.8% 23.0% 4

Countries ranked near Iceland

  1. 70 Ireland 23.7% compare
  2. 71 Cuba 23.7% compare
  3. 72 Reunion 23.3% compare
  4. 74 Luxembourg 21.8% compare
  5. 75 Wallis and Futuna 21.8% compare
  6. 76 Andorra 21.3% compare

See the full ranking of 236 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is age dependency breakdown in Iceland?
Age dependency breakdown in Iceland was 23.0% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
What is the highest age dependency breakdown recorded in Iceland?
The highest recorded value was 23.0% in 2023.
What is the lowest age dependency breakdown recorded in Iceland?
The lowest recorded value was 12.2% in 1950.
How does Iceland rank for age dependency breakdown?
Iceland ranks 73rd out of 236 countries with data for 2023.
Is age dependency breakdown rising or falling in Iceland?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from UN, World Population Prospects (2024) – processed by Our World in Data, published as part of Age dependency breakdown. Statizoid updates them automatically from the source API.

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Age dependency breakdown in Iceland. Statizoid, drawing on UN, World Population Prospects (2024) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/age-dependency-breakdown/iceland/

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About this data

Indicator
Age dependency breakdown
Unit
%
Source
UN, World Population Prospects (2024) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
236 places, 17,464 data points, 1950–2023
Last refreshed

Number of people aged 65 and over per 100 working-age people (aged 15 to 64).