Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

India's #10YearChallenge - Workforce
Jan 22, 2019


Like China, if India were to take the #10YearChallenge by 2029, one of the most visible changes would be in the size of the workforce.

And that could have a direct impact on what is called dependency ratio. Let me explain.

The rise in India's working population means India will have a much bigger population in the working age than kids and retirees. So, the country will have fewer dependents and a low dependency ratio.

In fact, India will be one of the countries with the lowest dependency ratio by 2050. The ratio of dependents by then should be just over 47% (5 dependents for every 10 people in working age).

While China should see its population fall in the coming decades, India projects to be the most populous country in 2050 by a long shot. By that time, India will have up to 1.7 billion people.

The low dependency ratio also means that a larger section of the population will have the ability and willingness to spend.

That means that India's consumption story is here to stay.

Data source: World Bank

This Chart Of The Day was published in The 5 Minute WrapUp - Take Your First Step to Profit from the Rebirth of India

Equitymaster requests your view! Post a comment on "India's #10YearChallenge - Workforce". Click here!

  

Our Most Popular Charts

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

MARKET STATS