Explore Russia's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Russia Population Distribution in 2021, by Age

  • Population of Russia reached a 143.9 million in 2021 
  • 15-64 years was the largest population group in Russia in 2021 
  • Below 15 years was the second largest population group in Russia in 2021 

 

Global Population: Overview  

The entire number of people living in a nation or area is referred to as its population. The economy, female fertility rates, birth rates, mortality rates, healthcare facilities, expanding urbanization, immigration and emigration rates, education, and other social and cultural elements are only a few of the many variables that affect a nation's population growth.  

Currently, the global population is growing at a low single-digit annual rate. The population is projected to grow by 81 million people annually. The population of the world has more than doubled between 1959 and the 2000s. The annual rate of population increase reached its high in the late 1960s. The pace of increase has nearly halved since then, and it is anticipated that it will continue to decrease globally in the coming years. 

Russia Population Distribution 

The population of Russia reached 143.9 million in 2021. Russia had the largest population group with 66.7% (96 million) of the population falling into the working-age group of 15-64 years. Below 15 years, was the second-largest population group in Russia with 17.1% (24.7 million) of the population. 65 years and above was the third largest population group with 16.2% (23.3 million) of the total population in 2021. 

Along with economic and social progress, demography is also a crucial part of the concept of human development. With around 15.7% of its population aged above 65 years in 2020, Russia is considered to have an aging population. According to the World Bank, the age dependency ratio, defined as the ratio of people older than 64 years and younger than 15 years to the working-age population (between 15–64 years), is around 51.2% in 2020, up from 38.9% in 2010. The increasing age dependency ratio will put pressure on social security and old-age pensions in the country. At the same, the death rate in Russia is expected to increase due to the pandemic-induced health crisis. 

Explore Russia's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Explore Russia's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Visit Report Store
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