What is the youth dependency ratio?

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What is the youth dependency ratio?

The youth dependency ratio is a demographic indicator that measures the number of young people (typically under the age of 15) in a population compared to the working-age population (usually between the ages of 15 and 64). It is calculated by dividing the number of individuals aged 0-14 by the number of individuals aged 15-64 and multiplying the result by 100. This ratio helps to assess the economic burden on the working-age population in terms of supporting and providing for the dependent youth population.