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Upper middle income Countries Ranked by Age dependency ratio (old) (2025)

Age dependency ratio (old): each country's latest value (2020–2025), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).

Summary

Serbia ranks #1 with 36.8 people 65+ per 100 working-age people. Bosnia and Herzegovina is second with 35.6 people 65+ per 100 working-age people, 3.4% behind. The top five are Serbia, Bosnia and Herzegovina, Montenegro, North Macedonia and Ukraine. The median across all 59 is 12.6 people 65+ per 100 working-age people; Iraq is last at 5.7 people 65+ per 100 working-age people. Serbia's figure has risen 51% since 2001 (24.3 people 65+ per 100 working-age people to 36.8 people 65+ per 100 working-age people in 2025).

#1
Serbia · 36.8 people 65+ per 100 working-age people
Median
12.6 people 65+ per 100 working-age people
Coverage
59 Upper middle income countries
Data year
2025
Last updated
2026-11-14
Top 10: Age dependency ratio (old)Bar chart of the top 10: 1. Serbia 36.8; 2. Bosnia and Herzegovina 35.6; 3. Montenegro 28.7; 4. North Macedonia 28.5; 5. Ukraine 28.2; 6. Belarus 27.8; 7. Albania 26.8; 8. Moldova 26.5; 9. Georgia 25.2; 10. Cuba 25.1.Serbia36.8Bosnia and Herzegovina35.6Montenegro28.7North Macedonia28.5Ukraine28.2Belarus27.8Albania26.8Moldova26.5Georgia25.2Cuba25.1
Top 10: Age dependency ratio (old) (people 65+ per 100 working-age people). Bar chart of the top 10: 1. Serbia 36.8; 2. Bosnia and Herzegovina 35.6; 3. Montenegro 28.7; 4. North Macedonia 28.5; 5. Ukraine 28.2; 6. Belarus 27.8; 7. Albania 26.8; 8. Moldova 26.5; 9. Georgia 25.2; 10. Cuba 25.1.
Age dependency ratio (old) over time, top 5Serbia: 24.3 in 2001 to 36.8 in 2025; Bosnia and Herzegovina: 16.5 in 2001 to 35.6 in 2025; Montenegro: 17.1 in 2001 to 28.7 in 2025; North Macedonia: 14.9 in 2001 to 28.5 in 2025; Ukraine: 19.7 in 2001 to 28.2 in 2025.09.1918.427.636.8200120132025SerbiaBosnia and Herzegov…MontenegroNorth MacedoniaUkraine
Age dependency ratio (old) over time, top 5 (people 65+ per 100 working-age people). Serbia: 24.3 in 2001 to 36.8 in 2025; Bosnia and Herzegovina: 16.5 in 2001 to 35.6 in 2025; Montenegro: 17.1 in 2001 to 28.7 in 2025; North Macedonia: 14.9 in 2001 to 28.5 in 2025; Ukraine: 19.7 in 2001 to 28.2 in 2025.

Full ranking

Upper middle income Countries Ranked by Age dependency ratio (old), 2025
RankCountryAge dependency ratio (old) (people 65+ per 100 working-age people)
1Serbia36.8
2Bosnia and Herzegovina35.6
3Montenegro28.7
4North Macedonia28.5
5Ukraine28.2
6Belarus27.8
7Albania26.8
8Moldova26.5
9Georgia25.2
10Cuba25.1
11Thailand23
12Armenia21.7
13China21.4
14Mauritius19.8
15Dominica19.1
16Argentina19
17Sri Lanka19
18Grenada18.5
19St. Vincent and the Grenadines18.3
20Brazil16.6
21Türkiye15.5
22Kosovo15.1
23Colombia14.6
24Kazakhstan14.6
25Peru14.1
26Viet Nam14
27St. Lucia13.7
28Azerbaijan13.2
29Ecuador12.7
30Mexico12.6
31Dominican Republic12.5
32Iran, Islamic Rep.12.4
33El Salvador12.3
34Suriname12.3
35Tonga11.8
36Tuvalu11.7
37Jamaica11.7
38Malaysia11.4
39Indonesia11.1
40Samoa10.9
41Algeria10.8
42Cabo Verde10.5
43Paraguay10.4
44South Africa10.2
45Fiji9.97
46Micronesia, Fed. Sts.9.92
47Mongolia8.62
48Philippines8.53
49Marshall Islands7.96
50Guatemala7.75
51Libya7.64
52Belize7.63
53Turkmenistan7.52
54Jordan7.31
55Gabon6.93
56Maldives6.52
57Botswana6.38
58Equatorial Guinea6.36
59Iraq5.7

About the top 10

#1 Serbia

Serbia ranks #1 on this list with 36.8 people 65+ per 100 working-age people.

Capital
Belgrade
Continent
Europe
Income group
Upper middle income
Population
6.55 million people (2025)
GDP
US$99.95 billion (2025)
GDP per person
US$15,262 (2025)
Life expectancy
76 years (2024)
Urban population
62.6% of population (2025)

Largest cities: City of Belgrade, Belgrade.

Also ranks #3 in death rate · #4 in smoking prevalence · #13 in age dependency ratio (old).

#5 Ukraine

Ukraine ranks #5 on this list with 28.2 people 65+ per 100 working-age people.

Capital
Kyiv
Continent
Europe
Income group
Upper middle income
Population
38.98 million people (2025)
GDP
US$214.23 billion (2025)
GDP per person
US$5,866 (2025)
Life expectancy
74.7 years (2024)
Urban population
69.6% of population (2025)

Largest cities: Kyiv, Kharkiv, Odesa.

Also ranks #1 in net migration · #3 in refugee population by origin · #4 in arable land share.

Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.

Source and method

Age dependency ratio (old): each country's latest value (2020–2025), ranked from highest to lowest.

Source: The World Bank, indicator SP.POP.DPND.OL. Licence: CC BY 4.0. Retrieved: 2026-11-14.

The World Bank: Age dependency ratio, old (% of working-age population): World Population Prospects, United Nations (UN), publisher: UN Population Division (via World Development Indicators)

Original data provider, as recorded by the World Bank: World Population Prospects, United Nations (UN), publisher: UN Population Division; Staff estimates, World Bank (WB).

Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.