In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.

Globally, about 25 percent of the population is under 15 years of age and 10 percent is over 65 years of age. Africa has the youngest population worldwide. In Sub-Saharan Africa, more than 40 percent of the population is below 15 years, and only three percent are above 65, indicating the low life expectancy in several of the countries. In Europe, on the other hand, a higher share of the population is above 65 years than the population under 15 years. Fertility rates The high share of children and youth in Africa is connected to the high fertility rates on the continent. For instance, South Sudan and Niger have the highest population growth rates globally. However, about 50 percent of the world’s population live in countries with low fertility, where women have less than 2.1 children. Some countries in Europe, like Latvia and Lithuania, have experienced a population decline of one percent, and in the Cook Islands, it is even above two percent. In Europe, the majority of the population was previously working-aged adults with few dependents, but this trend is expected to reverse soon, and it is predicted that by 2050, the older population will outnumber the young in many developed countries. Growing global population As of 2025, there are 8.1 billion people living on the planet, and this is expected to reach more than nine billion before 2040. Moreover, the global population is expected to reach 10 billions around 2060, before slowing and then even falling slightly by 2100. As the population growth rates indicate, a significant share of the population increase will happen in Africa.

This statistic depicts the age distribution of India from 2013 to 2023. In 2023, about 25.06 percent of the Indian population fell into the 0-14 year category, 68.02 percent into the 15-64 age group and 6.92 percent were over 65 years of age. Age distribution in India India is one of the largest countries in the world and its population is constantly increasing. India’s society is categorized into a hierarchically organized caste system, encompassing certain rights and values for each caste. Indians are born into a caste, and those belonging to a lower echelon often face discrimination and hardship. The median age (which means that one half of the population is younger and the other one is older) of India’s population has been increasing constantly after a slump in the 1970s, and is expected to increase further over the next few years. However, in international comparison, it is fairly low; in other countries the average inhabitant is about 20 years older. But India seems to be on the rise, not only is it a member of the BRIC states – an association of emerging economies, the other members being Brazil, Russia and China –, life expectancy of Indians has also increased significantly over the past decade, which is an indicator of access to better health care and nutrition. Gender equality is still non-existant in India, even though most Indians believe that the quality of life is about equal for men and women in their country. India is patriarchal and women still often face forced marriages, domestic violence, dowry killings or rape. As of late, India has come to be considered one of the least safe places for women worldwide. Additionally, infanticide and selective abortion of female fetuses attribute to the inequality of women in India. It is believed that this has led to the fact that the vast majority of Indian children aged 0 to 6 years are male.