Moldova’s Aging Population: Impact of High Worker Average Age on Growth

Labor force

Abstract

In recent decades, many countries have experienced aging workforces, driven by declining birth rates and increased life expectancy. Moldova, with an average worker age of 44.1 years in 2021, reflects this broader global trend. As populations age, there are fewer younger workers entering the labor market, putting pressure on pension systems and healthcare. Older workers often stay in employment longer, though they may face challenges in adapting to technological changes. The trend highlights the need for policies to support workforce participation across age groups and ensure economic sustainability.

Workers aged 15-64, average age

Moldova’s workforce, with an average age of 45.2 years in 2018, reflects a broader global trend of aging populations. As of 2021, Moldova’s worker age stands at 97.4% of its peak, signaling a slowly aging workforce. This trend is driven by lower birth rates, longer life expectancy, and a shrinking youth population entering the labor market. Older workers are remaining in employment longer, which can strain pension systems and healthcare services. The shift necessitates policies that promote workforce participation across all age groups and encourage adaptability to technological changes.

Workers aged 15-64, average age
speech-balloon

The maximum is 45.2year[2018] of Moldova, and the current value is about 97.4%

Average age of workers aged 15-64 (worldwide)

Moldova’s workforce age reached its peak of 45.2 years in 2018, reflecting a global trend of aging populations. By 2021, it stood at 97.4% of this peak, highlighting a steadily aging workforce. This shift is driven by declining birth rates, increased life expectancy, and fewer young workers entering the labor market. As older workers remain employed longer, economic systems face pressures, particularly in pensions and healthcare. Adapting to these demographic changes requires policies that support longer workforce participation and technological adaptability across all age groups.

Average age of workers aged 15-64 (worldwide)
speech-balloon

The maximum is 45.2year[2018] of Moldova, and the current value is about 97.4%

Workers aged 15-64, average age (world, latest year)

As of 2021, Moldova has the highest average worker age among countries, at 44.1 years, surpassing the global average of 38.6 years. This reflects a broader trend of aging workforces, driven by declining birth rates and longer life expectancy. In Moldova, the labor force is experiencing a shift with fewer younger workers entering the job market, placing strain on pension systems and healthcare. The trend underscores the need for policies that encourage workforce participation across all age groups and provide support for older workers to adapt to evolving job demands.

Workers aged 15-64, average age (world, latest year)
speech-balloon

The maximum is 44.1year of Moldova, the average is 38.6year, and the total is 618year

Main data

Average age of workers aged 15-64 total(Average age) [year]
Italy Moldova Denmark Georgia Finland Hungary Norway Spain Greece Lithuania
2021 44.07
2020 43.58
2019 43.47 43.46
2018 45.25 43.36
2017 45.1 41.35
2016 44.3 44.26 43.7 43.54 43.45 43.27 43.02 42.99 42.96 42.96
2015 43.87 44.38 43.69 43.24 43.28 43.21 43.11 42.81 42.63 42.49
2014 43.72 44.45 43.54 43.1 43.05 43.25 43.14 42.68 42.45 42.41
2013 43.24 44.06 43.45 42.92 43 43.13 42.59 42.33 42.37 42.25
2012 42.66 42.85 42.86 42.47 43.27 42.65 42.99 41.88 42.07 42.26
2011 42.08 42.13 43.08 42.45 43.15 42.47 43.01 41.52 41.65 41.42
2010 42.05 41.93 43.13 42.7 43.34 42.18 42.54 40.96 41.62 41.49
2009 41.7 41.3 42.46 42.81 42.85 41.59 42.2 40.49 41.41 41.25
2008 41.34 41.45 42.39 42.82 42.65 40.31 42.14 39.94 41.17 40.79
2007 41 41.07 42.44 42.99 42.48 40.33 42.48 39.81 40.99 40.62
2006 40.73 40.6 42.56 42.24 42.35 39.92 42.49 39.65 40.67 40.64
2005 40.63 40.42 42.3 42.24 42.47 40.97 42.07 39.45 40.62 40.53
2004 40.42 40.45 42.38 42.37 42.83 40.04 41.93 39.86 40.45 39.58
2003 39.48 40.34 41.92 39.91 38.33 39.72
2002 39.33 39.96 39.48 38.18
2001 39.13 39.65 40.91 39.26 38.02 40.24
2000 38.99 38.68 40.62 37.87 40.78
1999 38.92 38.27 41.4 37.87 40.34
1998 38.82 37.95 39.77 38.13 39.85
1997 38.74 39.58 38.15
1996 38.65 39.49 38.13
1995 38.51 39.35 37.99
1994 38.49 38.02
1993 38.33 37.8 38.04
1992 38.24 37.59 37.58
1991 38.06 37.28
1990 38.37
1989 38.38
1988
1987 38.51
1986
1985
1984 39.9
1983
1982
1981
1980
1974
1970

Reference

The World Bank – WDI Database Archives

Comments

Copied title and URL