Total dependency ratio in Faroe Islands

Faroe Islands: Total dependency ratio was 61.0% in 2023. ▼ Falling

Latest (2023)
61.0%
Change on year
down 1.5%
World rank
74th
of 236 countries
All-time high
70.6%
in 1956
All-time low
56.3%
in 2007
Years of data
74
1950–2023

Total dependency ratio in Faroe Islands, 1950–2023

020406080195019862023

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

Analysis

The most recent figure for total dependency ratio in Faroe Islands is 61.0%, measured in 2023.

Compared with earlier readings it is down 1.5% on the previous year and up 2.7% over ten years.

Over the whole period, total dependency ratio in Faroe Islands peaked at 70.6% in 1956 and was at its lowest, 56.3%, in 2007.

That places Faroe Islands 74th out of 236 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1950s 69.5% 67.5% 70.6% 10
1960s 67.5% 67.0% 68.9% 10
1970s 65.3% 62.7% 67.6% 10
1980s 58.6% 56.5% 61.9% 10
1990s 59.2% 56.9% 60.1% 10
2000s 57.7% 56.3% 59.5% 10
2010s 60.3% 57.6% 62.2% 10
2020s 62.0% 61.0% 62.5% 4

Countries ranked near Faroe Islands

  1. 71 Guam 61.6% compare
  2. 72 Kyrgyzstan 61.5% compare
  3. 73 French Guiana 61.4% compare
  4. 75 Micronesia (country) 60.9% compare
  5. 76 Kazakhstan 60.9% compare
  6. 77 Eswatini 60.8% compare

See the full ranking of 236 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is total dependency ratio in Faroe Islands?
Total dependency ratio in Faroe Islands was 61.0% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
What is the highest total dependency ratio recorded in Faroe Islands?
The highest recorded value was 70.6% in 1956.
What is the lowest total dependency ratio recorded in Faroe Islands?
The lowest recorded value was 56.3% in 2007.
How does Faroe Islands rank for total dependency ratio?
Faroe Islands ranks 74th out of 236 countries with data for 2023.
Is total dependency ratio rising or falling in Faroe Islands?
Over the last ten years it is up 2.7%. The long-run trend across the full record is falling.
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 Total dependency ratio. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total dependency ratio
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

The number of children (under 15) and people aged 65 and over per 100 working-age people (aged 15 to 64).