In general, the size of Penang’s population is expected to expand substantially for elderly persons. This is evidently shown in Figure 1 where the population of those aged 55 years old and above has sharply increased after 2000. The younger working age cohorts (15 – 44 years old) on the other hand are estimated to gradually scale down.
The ratio of Penang’s working age population to non-working age population peaked in 2015, but it is estimated to decline in the future due to the decline in working age share (Figure 2). This mirrors the fall in the projected working age share of the total population in Penang (Figure 3).
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