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