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 |