Population in 0-14 years of age – 391,558,367
Population between 15–64 years of age – 856,076,200
Population above 65 years of age – 71,943,390
What shall be the dependency ratio of this country?
The dependency ratio measures the ratio of dependents (people too young or too old to work) to the working-age population.
The formula for the dependency ratio is:
$ \text{Dependency Ratio} = \left( \frac{\text{Population aged 0-14} + \text{Population aged 65+}}{\text{Population aged 15-64}} \right) \times 100 $
Given data:
$ \text{Dependents} = 391,558,367 + 71,943,390 = 463,501,757 $
$ \text{Working Population} = 856,076,200 $
$ \text{Dependency Ratio} = \left( \frac{463,501,757}{856,076,200} \right) \times 100 $
$ \text{Dependency Ratio} \approx 0.541428 \times 100 $
$ \text{Dependency Ratio} \approx 54.14\% $
Rounding to one decimal place, the dependency ratio is approximately 54.1%.
As per the United Nations definition of a vital events registration system, 'vital events' include which of the following?
1. Foetal deaths
2. School admissions
3. Legal separations
4. College graduations
Select the correct answer using the code given below.