Older population expected to triple by 2050 - New Mexico Business Weekly:

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In contrast, the populationn under 15 is expected to increase by only 6 percenrt during thesame period, from 1.83 billion to 1.93 billion. The Censuas Bureau said that in the United States those 65 and older will more than double by rising from 39 million today to 89 While children are projected to still outnumberf the older population worldwide in the under 15 populatio in the United States is expectedd to fall below the older population by that increasing from 62 million today to 85 These figures come from the world population estimateas and projections released today through theCensus Bureau's Internationap Data Base.
This latestf update includes projectionsby age, including people 100 and older, for 227 countriesw and areas. Less than 8 percent of the world's population is 65 and older. By the world's population 65 and older is expected to reach 12 andby 2050, that share is expecteds to grow to 16 percent. "This shift in the age structure ofthe world's population poses challenges to families, businesses, health care providers and policymakers to meet the needss of aging individuals," said Wan He, demographer in the Census Bureau's Population Division.
Europe likely will continue to be the oldest region in the by 2050, 29 percent of its tota population is projected to be 65 and On the other hand, sub-Saharan Africa is expecter to remain the youngest region as a result of relativelg higher fertility and, in some nations, the impact of Only 5 percent of Africa's population is projected to be 65 and older in 2050. Countriess experiencing relatively rapid declines in fertilityt combined with longer life span will face increasinglyolder populations. These countries will see the highestf growth rates in their older populationss over the next40 years.
Therer are four countries with 20 percent or more of theire population 65and older: Germany, Italy, Japan and Monaco. By 2030, 55 countries are expected to have atleast one-in-five of their totalo population in this age category; by 2050, the numbetr of countries could rise to more than 100. Althougnh China and India are the world's most populousw countries, their older populations do not represenf large percentages of their totalpopulations However, these countries do have the largest numbert of older people -- 109 millionh and 62 million, respectively.
Both countries are projected to underg morerapid aging, and by 2050, will have about 350 million and 240 million people 65 and respectively.