Age composition in 2026:
๐ซ๐ฎ Finland
๐ฎ๐ธ Iceland
| Finland | Iceland | |
|---|---|---|
| Young Population | 14.02%788,338 | 17.31%69,657 |
| Working Age Population | 61.45%3,454,441 | 66.39%267,125 |
| Elderly Population | 24.53%1,378,952 | 16.29%65,550 |
In 2026, the median age is 44.4 years in Finland and 37.6 years in Iceland.Finland already reached Icelandโs current median age in 1994, about 32 years ahead in population aging.
The total population of Finland peaks in 2025 at 5,623,328.The total population of Iceland peaks in 2049 at 432,999.
By 2050, the dependency ratio of Finland will be 70.5%, and 28.24% of the population will be elderly.By 2050, the dependency ratio of Iceland will be 60.2%, and 23.94% of the population will be elderly.
| Finland | Iceland | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | 1972โ1995 1998โ2005 |
2006โ2011 2018โ2020 |
|
| Aging society (65+ reaches 7%) | 1957 | 1950 or earlier | |
| Aged society (65+ reaches 14%) | 1994 | 2017 23 years later | |
| Super-aged society (65+ reaches 20%) | 2015 | 2038 23 years later |