Total dependency ratio in Iceland

Iceland: Total dependency ratio was 50.1% in 2023. ▼ Falling

Latest (2023)
50.1%
Change on year
down 0.4%
World rank
165th
of 236 countries
All-time high
76.0%
in 1962
All-time low
48.1%
in 2008
Years of data
74
1950–2023

Total dependency ratio in Iceland, 1950–2023

020406080195019862023

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

Analysis

Iceland recorded 50.1% for total dependency ratio in 2023.

Compared with earlier readings it is down 0.4% on the previous year and down 1.2% over ten years.

Over the whole period, total dependency ratio in Iceland peaked at 76.0% in 1962 and was at its lowest, 48.1%, in 2008.

Iceland ranks 165th of 236 countries on this measure, 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 68.4% 61.7% 74.4% 10
1960s 74.8% 71.9% 76.0% 10
1970s 65.4% 60.4% 70.7% 10
1980s 57.3% 55.2% 59.7% 10
1990s 55.0% 53.8% 55.7% 10
2000s 51.0% 48.1% 53.5% 10
2010s 50.4% 49.4% 51.2% 10
2020s 50.2% 49.9% 50.3% 4

Countries ranked near Iceland

  1. 162 Barbados 50.6% compare
  2. 163 Suriname 50.5% compare
  3. 164 Aruba 50.5% compare
  4. 166 Peru 50.0% compare
  5. 167 Albania 50.0% compare
  6. 168 El Salvador 49.7% compare

See the full ranking of 236 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is total dependency ratio in Iceland?
Total dependency ratio in Iceland was 50.1% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
What is the highest total dependency ratio recorded in Iceland?
The highest recorded value was 76.0% in 1962.
What is the lowest total dependency ratio recorded in Iceland?
The lowest recorded value was 48.1% in 2008.
How does Iceland rank for total dependency ratio?
Iceland ranks 165th out of 236 countries with data for 2023.
Is total dependency ratio rising or falling in Iceland?
Over the last ten years it is down 1.2%. The long-run trend across the full record is falling.
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 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).