11 Countries With Highest Aging Population

7. San Marino

Median age: 43.9 years

Another low populated country on our list, San Marino, has 19,1 percent of the population over 65 years. This is also one of the smallest countries in the world with the land area of only 24 square miles. The country’s economy largely relies on banking. For years, San Marino has had the reputation of tax heaven for companies who wanted to avoid high taxation in their countries. However, a few days ago EU and San Marino signed tax transparency agreement that will allow EU member states to access companies’ financial and banking information. However, even if banking sector starts contributing less to the country’s budget, tourism will remain profitable branch. Thus, despite aging population, San Marino won’t be wiped out from the world’s map.