In 2020, the elderly dependency ratio in Nigeria stood at 5.1. This means that there were about five people aged 65 years and older for every 100 people at working age (15 to 64 years). The youth dependency ratio, on the other hand, stood at 80.9, which means that there were about 81 young people aged up to 14 years for every 100 inhabitants at working age. Nigeria's population is among the youngest in Africa as well as in the world, with a mean age slightly above 18 years.
According to the source, "Dependency ratios are a measure of the age structure of a population. They relate the number of individuals that are likely to be economically "dependent" on the support of others. Dependency ratios contrast the ratio of youths (ages 0-14) and the elderly (ages 65+) to the number of those in the working-age group (ages 15-64)."
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CIA. (February 5, 2021). Dependency ratio in Nigeria as of 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/
CIA. "Dependency ratio in Nigeria as of 2020." Chart. February 5, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/
CIA. (2021). Dependency ratio in Nigeria as of 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/
CIA. "Dependency Ratio in Nigeria as of 2020." Statista, Statista Inc., 5 Feb 2021, https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/
CIA, Dependency ratio in Nigeria as of 2020 Statista, https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/ (last visited November 21, 2024)
Dependency ratio in Nigeria as of 2020 [Graph], CIA, February 5, 2021. [Online]. Available: https://www.statista.com/statistics/1203462/dependency-ratio-in-nigeria/
