Aging population of Singapore - statistics & facts

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Key insights

Number of elderly residents in Singapore
754k
Estimated share of Singapore's population older than 65 years in 2050
33.3%
Median age of resident population in Singapore
42.4 years

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Overview

Elderly population

Economic impact

  • Basic Statistic Old-age dependency ratio Singapore 2014-2023
  • Premium Statistic Labor force participation rate of residents 65 years and above Singapore 2014-2023
  • Premium Statistic Employed elderly as share of employed residents Singapore 1970-2023
  • Premium Statistic Financial preparedness for old age in Singapore 2021
  • Premium Statistic Leading means of financial support in old age in Singapore 2020

Social impact

Retirement readiness

  • Premium Statistic Perceptions on having adequate retirement funds Singapore 2021
  • Premium Statistic Awareness and intention of using CPF schemes Singapore 2021
  • Premium Statistic Main priorities on saving money Singapore 2020
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