The bar chart provides information about the average age of the population of Iceland from 2020 with predictions till 2050. Overall, all ages will show a growth, with the exception of the oldest group, which will illustrate a gradual decline over the period. The highest figure will be recorded in the prime working age people in 2050.
Starting with the smallest children, group with 0-14 ages, in 2020, they composed 25% of the population and the figure will rise to 32% being the highest age group. In the next decade, the figure is going to follow a gradual decline, standing at 21% and the figure will continue a decrease to 16% in 2050.
Adolescents group with 15-24 ages accounted for 21% in 2020, the figure will show a gradual decline all over the period. In 2030, the rate is expected to fall from 21% to 18% and after a decade figure makes up 15%. At the end of the period, figure is forecast to stand at 7%, which is the smallest figure all over the period of all types of age groups.
The most active group of the period is prime working age group with 25-54, starting the period with 37%. In 2030, the figure will demonstrate a slight decline from 37% to 34%, the figure is going to continue to decline to 27% until 2040. The highest figure will end with 45%.
The most inactive group is elderly group with 55 and over, the figure is expected to illustrate almost no change with respective figures of 14%, 13% and 13% in 2020, 2030 and 2040. However, the figure will drop to 10% at the end of the period.
