5 Countries With the Largest Percentage of Population Aged 65 and Up

4. Finland

Population Percentage (ages 65 and above): 24%

Total Population (in thousands): 5584.26

The proportion of the population aged 65 and older in Finland is expected to rise from (projected) 26% in 2030 to 29% by 2060. This ageing population is also one of the causes for the labor shortages in the country.

Infact, Finland’s workforce continues to decline, with a 2.6% reduction in January 2024 compared to the previous year, as reflected by the Ilmarinen Economic Index. The hardest-hit sectors are staffing services (-13.2%), construction (-10.0%), and hospitality (-3.2%).