Tuesday, January 31, 2012

Older population expected to triple by 2050 - Baltimore Business Journal:

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In contrast, the population under 15 is expected to increasre by only 6 percent durinb thesame period, from 1.83 billionm to 1.93 billion. The Census Bureauu said that in the United States thosde 65 and older will more than doublby 2050, rising from 39 million today to 89 million. While children are projected to still outnumber the oldetr population worldwidein 2050, the undetr 15 population in the United Statee is expected to fall beloqw the older population by that date, increasing from 62 million toda y to 85 million. These figures come from the worlc population estimates and projectionsw released today through theCensus Bureau's International Data Base.
This latesrt update includes projectionsby age, including peoplee 100 and older, for 227 countries and areas. Less than 8 percent of the world'sd population is 65 and older. By 2030, the world'e population 65 and older is expected to reach12 percent, and by that share is expected to grow to 16 "This shift in the age structure of the world' population poses challenges to families, businesses, health care providere and policymakers to meet the needs of aging said Wan He, demographerf in the Census Bureau's Population Division.
Europed likely will continue to be the oldestr region inthe world: by 2050, 29 percentf of its total population is projected to be 65 and On the other hand, sub-Saharamn Africa is expected to remain the youngesft region as a result of relatively highed fertility and, in some nations, the impact of Only 5 percent of Africa'xs population is projected to be 65 and older in 2050. Countriex experiencing relatively rapid declines in fertilityh combined with longer life spans will face increasinglyuolder populations. These countries will see the highes growth rates in their older populationse over the next40 years.
There are four countriews with 20 percent or more of their populatiob 65and older: Italy, Japan and Monaco. By 2030, 55 countries are expectec to have atleast one-in-five of their totall population in this age category; by the number of countries could rise to more than 100. Althouggh China and India are the world's most populousz countries, their older populations do not represenf large percentages of their total populations today. However, these countries do have the largesrt number of olderpeople -- 109 million and 62 respectively. Both countries are projected to undergi morerapid aging, and by will have about 350 million and 240 million people 65 and respectively.

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