Age composition in 2026:
๐ฎ๐ธ Iceland
๐ฑ๐ป Latvia
| Iceland | Latvia | |
|---|---|---|
| Young Population | 17.31%69,657 | 14.99%275,278 |
| Working Age Population | 66.39%267,125 | 62.35%1,144,708 |
| Elderly Population | 16.29%65,550 | 22.66%415,946 |
In 2026, the median age is 37.6 years in Iceland and 44.8 years in Latvia.Latvia already reached Icelandโs current median age in 1999, about 27 years ahead in population aging.
The total population of Iceland peaks in 2049 at 432,999.The total population of Latvia peaks in 1989 at 2,664,839.
By 2050, the dependency ratio of Iceland will be 60.2%, and 23.94% of the population will be elderly.By 2050, the dependency ratio of Latvia will be 71.8%, and 28.95% of the population will be elderly.
| Iceland | Latvia | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | 2006โ2011 2018โ2020 |
1955โ1967 1981โ1990 1999โ2012 |
|
| Aging society (65+ reaches 7%) | 1950 or earlier | 1950 or earlier | |
| Aged society (65+ reaches 14%) | 2017 20 years later | 1997 | |
| Super-aged society (65+ reaches 20%) | 2038 21 years later | 2017 |