Demographic dividend refers to the economic growth potential that arises when a country experiences a decline in birth rates and population growth coupled with an increase in working-age population.
Related terms
Dependency Ratio: The proportion of dependent (non-working) population compared to the working-age population.
Labor Force: The total number of people aged 15-64 who are employed or actively seeking employment in an economy.
Human Capital: The knowledge, skills, and abilities possessed by individuals within a workforce that contribute to their productivity and economic value.