Analysis

Aging population poses growing challenge for Belarus's economy

A female pensioner with a shopping trolley near Kamarousky Market. Minsk, Belarus. July 19, 2022. Photo: Belsat
A female pensioner with a shopping trolley near Kamarousky Market. Minsk, Belarus. July 19, 2022. Photo: Belsat

Out of 196 UN countries, Belarus ranks 44th in the share of the population aged 65 and older. Residents of this age made up 18.3% of the total population in Belarus last year. A high share of the elderly population is characteristic of the vast majority of European countries, and this trend applies to Belarus as well.