In the next 80 years, India’s demographic structure is expected to change, with the share of the working population declining and the share of dependent residents increasing. By 2037, the share of Indians aged 25-64 is projected to peak and then start declining by 2052, while the share of the population aged more than 65 is expected to have risen. The shift will be first recorded in the southern States, with nearly 20% of the population in Tamil Nadu and Kerala crossing the age of 60 by 2036. India is not alone in this demographic shift. Most countries are either going through the change or are going to see such a change in the near future. However, India is among the nations with the lowest share of the elderly receiving pension and the highest share of out-of-pocket expenditure on health. This is a double whammy given the poor monetary support and sharp increases in health-related expenses post-retirement
Population share
The line graph depicts the % of the population in an age group over time in India. The share of the working age population will decrease, while the share of the older population is set to increase in India
