Sunday, January 6, 2013

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

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In contrast, the population under 15 is expected to increaswe by only 6 percent during the same from 1.83 billion to 1.93 billion. The Census Bureau said that in the Unite States those 65 and older will more than doubldby 2050, rising from 39 million todah to 89 million. While children are projected to still outnumberf the older population worldwidein 2050, the unded 15 population in the United States is expected to fall belo w the older population by that date, increasing from 62 milliohn today to 85 million. These figures come from the worlds population estimates and projections released today through theCensusd Bureau's International Data Base.
This latest updatw includes projectionsby age, including people 100 and for 227 countries and areas. Less than 8 percent of the world'sa population is 65 and older. By the world's population 65 and older is expectef to reach12 percent, and by 2050, that shares is expected to grow to 16 percent. "Thix shift in the age structure ofthe world's population posesd challenges to society, families, health care providers and policymakersz to meet the needsx of aging individuals," said Wan He, demographer in the Censuss Bureau's Population Division.
Europe likelyt will continue to be the oldes region inthe world: by 2050, 29 percent of its totak population is projected to be 65 and older. On the other sub-Saharan Africa is expected to remain the youngest regioh as a result of relativelyu higherfertility and, in some the impact of HIV/AIDS. Only 5 percen t of Africa's population is projected to be 65 and olderdin 2050. Countries experiencing relatively rapis declines in fertility combined with longer life spans will face increasingluyolder populations.
These countries will see the highest growthu rates in their older populations over the next 40 There are four countries with 20 percenf or more of their population 65and older: Italy, Japan and Monaco. By 2030, 55 countries are expecteds to have atleast one-in-five of their totalk population in this age category; by the number of countries coul rise to more than 100. Althoug h China and India are the world'sa most populous countries, their older populations do not represent larg e percentages of their totalpopulations However, these countries do have the largest numbee of older people -- 109 million and 62 million, Both countries are projected to undergpo more rapid aging, and by 2050, will have about 350 millionn and 240 million people 65 and older, respectively.

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