In 2023, the age dependency ratio in Libya decreased by 1.1 percentage points (-2.22 percent) since 2022. In 2023, the ratio thereby reached its lowest value in the recent years. The age dependency ratio is defined as the proportion of dependents to the working age population. Dependents refer to individuals below and age of 15 or above age 64.
The source adds the following information: '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. Data are shown as the proportion of dependents per 100 working-age population.'
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World Bank. (June 28, 2024). Age dependency ratio in Libya from 2012 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/
World Bank. "Age dependency ratio in Libya from 2012 to 2023." Chart. June 28, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/
World Bank. (2024). Age dependency ratio in Libya from 2012 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/
World Bank. "Age Dependency Ratio in Libya from 2012 to 2023." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/
World Bank, Age dependency ratio in Libya from 2012 to 2023 Statista, https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/ (last visited August 24, 2024)
Age dependency ratio in Libya from 2012 to 2023 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1234502/age-dependency-ratio-in-libya/