DEFINITION
Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. For example, 0.7 means there are 7 dependents for every 10 working-age people.
DEFINITION: Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. For example, 0.7 means there are 7 dependents for every 10 working-age people.
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