War is Not Russia’s Only Problem...


 
Decades of low fertility are causing the Russian working-age population to fall. Simultaneously, retirees are living longer and forming an ever-larger part of the population. These factors are causing an extraordinary decline in the number of working-age people available to support the expanding number of retirees. Attempts by the state to increase the rateappear to have been ineffective.

Number of Working-Age People to each Dependent (65+) in Russia
The working-age population represents those aged 15 to 64. Period: 1950-2024.
War is Not Russia’s Only Problem...




In 1950, there were 12 people of working age supporting each retiree. Currently, it is closer to 4. By 2050, there will be just 2 and a half. Furthermore, the fast-expanding 65+, mostly-retired cohort cost Governments of rich countries more than the equivalent number of workers, due to unfunded pension, medical and old-age-care costs (3 time seems a minimum). Adding to this already nightmarish equation is the fact that only about 80% of the working-age population has a job due to unemployment, illness, etc. Therefore, these figures overstate the number of workers available to support retirees today. Consequently, an unprecedented and unsustainable tax burden is emerging in Russia.

More for subscribers:  
See more...The Alarming Cost of Aging Demographics
See more...See more data for Russia...
See more...See more 'Number of Workers to Each Elderly Dependent' data...



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