Age composition in 2026:
| Spain | Portugal | |
|---|---|---|
| Young Population | 12.33%5,899,361 | 12.62%1,312,075 |
| Working Age Population | 65.51%31,346,454 | 62.00%6,445,530 |
| Elderly Population | 22.16%10,604,977 | 25.37%2,637,761 |
In 2026, the median age is 47.3 years in Spain and 48.2 years in Portugal.Portugal already reached Spainโs current median age in 2024, about 2 years ahead in population aging.
The total population of Spain peaks in 2023 at 47,911,583.The total population of Portugal peaks in 2010 at 10,578,659.
By 2050, the dependency ratio of Spain will be 90.7%, and 36.06% of the population will be elderly.By 2050, the dependency ratio of Portugal will be 87.0%, and 33.04% of the population will be elderly.
| Spain | Portugal | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | 1991โ2014 | 1992โ2006 | |
| Aging society (65+ reaches 7%) | 1950 or earlier | 1950 or earlier | |
| Aged society (65+ reaches 14%) | 1992 | 1992 | |
| Super-aged society (65+ reaches 20%) | 2022 8 years later | 2014 |