Old-age dependency ratio in Faroe Islands
Faroe Islands: Old-age dependency ratio was 28.5% in 2023. ▲ Rising
Old-age dependency ratio in Faroe Islands, 1950–2023
Source: UN, World Population Prospects (2024) – processed by Our World in Data. Measured in %.
Analysis
In 2023, old-age dependency ratio in Faroe Islands stood at 28.5%.
Compared with earlier readings it is down 1.0% on the previous year and up 11.3% over ten years.
Over the whole period, old-age dependency ratio in Faroe Islands peaked at 29.0% in 2021 and was at its lowest, 12.7%, in 1950.
That places Faroe Islands 45th out of 236 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 74 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 13.0% | 12.7% | 13.3% | 10 |
| 1960s | 14.0% | 13.4% | 14.4% | 10 |
| 1970s | 15.2% | 14.6% | 16.1% | 10 |
| 1980s | 17.5% | 16.4% | 18.3% | 10 |
| 1990s | 20.9% | 18.6% | 21.9% | 10 |
| 2000s | 21.5% | 20.9% | 22.7% | 10 |
| 2010s | 26.4% | 23.4% | 28.4% | 10 |
| 2020s | 28.8% | 28.5% | 29.0% | 4 |
Countries ranked near Faroe Islands
More reference data data for Faroe Islands
- Summer temperature anomalies 1.13 °C (2026)
- Spring temperature anomalies 1.25 °C (2026)
- Temperature anomalies by month -0.3816 °C (2026)
- Annual precipitation 1,056 millimeters (2025)
- Autumn temperature anomalies 1.45 °C (2025)
- Winter temperature anomalies 2.45 °C (2025)
- Precipitation anomalies -14.26 millimeters (2025)
- Milk production 7,243 tonnes (2024)
- Share of men and women expected to survive to the age of 65 93.2% (2024)
- Share of men expected to survive to the age of 65 88.4% (2024)
Frequently asked questions
- What is old-age dependency ratio in Faroe Islands?
- Old-age dependency ratio in Faroe Islands was 28.5% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
- What is the highest old-age dependency ratio recorded in Faroe Islands?
- The highest recorded value was 29.0% in 2021.
- What is the lowest old-age dependency ratio recorded in Faroe Islands?
- The lowest recorded value was 12.7% in 1950.
- How does Faroe Islands rank for old-age dependency ratio?
- Faroe Islands ranks 45th out of 236 countries with data for 2023.
- Is old-age dependency ratio rising or falling in Faroe Islands?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from UN, World Population Prospects (2024) – processed by Our World in Data, published as part of Old-age dependency ratio. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The number of people aged 65 and over per 100 working-age people (aged 15 to 64).