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Table 2 Retirement age and employment/ population ratio for people aged 50 years and over

From: COVID-19 and the ageing workforce: global perspectives on needs and solutions across 15 countries

Country Life expectancy (years)1 Share of employment in 2019 of total working population in % by age (years)2 Retirement age in 20183
50-54 55-59 60-64 65-69 70-74 Men Women
Australia 84 9.6 8.6 6.1 2.7 2 65 65
Austria 82 13.9 11.3 3.9 0.9 0.5 65 60
Canada 83 10.6 10.1 6.9 3.0 1.2 65 65
China 77 60 55
Germany 82 13.9 12.9 8.1 2.0 0.7 65.5 65.5
Israel 83 8.8 7.8 6.2 3.8 1.5 67 62
Japan 85 10.9 9.4 7.9 6.4 4.1 65 64
Nigeria 56 60 60
Romania 77 12.5 8.4 5.0 2.0 1.1 65 61
South Korea 84 12.3 11.5 8.0 4.4 2.5 61 61
Singapore 84 62 62
Sweden 83 11.8 10.1 7.8 2.6 1.2 65 65
Thailand 78 60 60
United Kingdom 82 11.8 10.0 6.4 2.4 1.0 65 62.7
United States 79 10.0 9.7 7.3 3.7 1.7 66 66
  1. 1Source: Data extracted on 20 Jun 2021 from https://www.worldometers.info/demographics/life-expectancy/#countries-ranked-by-life-expectency
  2. 2Source: Data extracted on 20 Jun 2021from OECD.Stat. https://stats.oecd.org/Index.aspx?QueryId=64196# The table shows the age composition (as a percentage of all ages) of the population that is in employment. 2 Latest data available was 2019. Not available: China, Nigeria, Singapore and Thailand
  3. 3Source: OECD estimates derived from the European and national labour force surveys, OECD Pensions at a Glance (http://oe.cd/pag). China, Nigeria, Romania, Singapore and Thailand were not available and are approximations and are shaded in grey