Age structure of population

Updated: 24 Mar 2020
Next update: 24 Mar 2021

Statistics on the structure of the population describe Finnish and foreign citizens permanently resident in Finland at the turn of the year. The data are obtained from the Population Information System of the Digital and Population Data Services Agency (The Finnish Digital Agency) according to the situation at the turn of the year.

The age structure of the population and changes in the level of the working population have a wide impact on the overall development of the economy and society. Population ageing has direct effects on growth of overall general government expenditure, the stability of general government finances and the level of the economic dependency ratio. The distortion of the dependency ratio due to ageing will increase the need to expand the working population by developing immigration policy and activating migration flows from abroad. As well as economic effects, the development of the age structure presents challenges particularly for employment trends in remote areas and for the regional distribution of dependency ratio levels.

The negative effects of the current age structure trend on the labour market and economic growth are highly significant for the funding of the welfare society. Even though the growth pressure on care and nursing expenditure resulting from population ageing depends on how healthy the elderly people of the future will be, it is very probable that pension and care expenditure will grow at the same rate as the working population ages. In covering future spending pressures, a key role will also be played by the education, labour and immigration policies of future years and their impact on the development of the employment rate and growth in the tax rate.

   

Number of persons aged 70 or over 874,000

According to Statistics Finland’s statistics on the population structure there were 874,314 persons aged at least 70 in Finland at the end of 2019. Of them, 370,405 were men and 503,909 women. The number of persons aged 70 or over has grown by 100,000 in three years.