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Interactive Demographics

Create your own Future Demographic Scenarios for any country in seconds.

Demographics significantly influence a country’s future. But what will that future be? Relatively few factors affect the future demographic profile, but variations in these can dramatically impact the future profile of the population, households, workforce and economy. The Interactive Demographic Model allows you to see the range of outcomes instantly.

It is a valuable strategic and investment planning tool instantly available online.

Why it is useful

Few forecasts are 100% accurate.  Therefore, it is more beneficial to try different scenarios of the relevant variables and consider the risks associated with the various outcomes. How significant is the change?   Where should strategy be focused?

Interactive Demographics allows you to see how sensitive a country’s future (to 2065) demographic and socio-economic profile is to variations in key variables.  You simply …..

  • vary one or more key variables determining the demographic and socioeconomic profile
  • for any of 118 countries, 31 Provinces and 260 Prefectures of China
  • and see the impact on 82 demographic and socio-economic variables
  • from 2024 to 2065
  • in seconds

You can see the trend of a variable from 2005 to 2023 actual (source World Bank and UN) and the potential trend of those same variables if you make particular assumptions about the future

For Example:

  • What happens to China’s urban labour force if the birth rate stays low
  • What about its economy
  • What happens to Vietnam’s economy if the labour force participation rate falls from its high levels today (89% for males)
  • If India slows its Fixed Capital Investment, what are the implications for labour force productivity?
  • How sensitive is Britain’s workforce and economy if immigration is constrained?

It is easy to use - Five easy steps

  1. Choose a country (or group of countries)
  2. Select the data sets and years you want on your screen
  3. select the variables you want to change and change them (either one at a time or collectively)
  4. See the impact of those changes on other dependent variables (either individually or in excel type tables)
  5. Download the results in Excel format

Countries/Regions included

  • Country Package:
    • A total of 116 countries are included in the Country Package
    • Click here for a listing of the countries by region
    • Note- this package contains Mainland China Total
  • China Package: In the China Package, the following is available
    • China National
    • China National – Urban
    • 31 Provinces
    • 100 Prefectures (largest by urban population), including all provincial capital Prefectures.
  • You may also purchase both packages together, providing a combined discount.

The variables included in the total model

A diagram of how the model solves is available here
In total, there are 82 variables included in the model and its output tables
A listing of these variables is given below
For all variables, the data runs typically from 2005 to 2023 actual (as published by UN and World Bank)
All Financial variables (e.g. Gross National Product, Household Income, etc) are expressed in US$ real 2023 values. Using the 2023 exchange rate for local currency to US$

Of the 82 variables, only 13 are directly changeable by the user, reflecting the real-world.
For example, you cannot arbitrarily change the number of 14-year-olds—that is a function of the number of births 14 years ago plus migrants (inward or outward) of that age group and deaths of that age cohort over the last 14 years. The model makes those calculations so that the number of 14-year-olds in year ‘X’ is correctly determined, taking into account births in earlier years, death rate and migration of current (X) year.

The variables you can change are:

  • Birth Rate (per 000)
  • Migration rate (% total population)
  • Male Propensity 15-64
  • Male propensity 65-74 default 0
  • Female Propensity 15-64
  • Female propensity 65-74 default 0
  • FCI per worker
  • Education Index
  • Wage Ratio
  • Avg Household Expenditure as Percent of
  • total income
  • Median Household income as per cent of Average household income
  • Break points for defining five income segments

The total variable set that can be displayed is:

The Topic Tables (and sub tables)

TOPIC TABLES

The model is obviously ‘data-rich’, so to make it more manageable, the overall data set is divided into 5 ‘Topics’ – with separate tables displayed for each.

The Topic Tables are:

    • Population
    • Labour Force
    • Productivity and GDP
    • Household Income
    • Age Profile
    • Distribution of Households by Income
    • Household Expenditure Patterns by Income Segment

 The user can select which are displayed on their screen at any time—just one, all, or any permutation of them. The selection can be varied at any time without rerunning the scenario.

 

SUB TABLES

The Subtables are variations of the same TOPIC table (only the ‘Revised’ Tables are displayed below).

There are three sub-tables

  1. Base Table—this is the data provided initially when the dataset is opened. The forecast years contain Global Demographics Ltd’s forecasts and are intended as a starting point. The user can overwrite the base data at any time with the results of a scenario they have run, which is the content of the base table. Essentially, this is the ‘reference point’ against which to compare other changes.
  2. The ‘Revised‘ Table initially shows the default values (as in the base tale described above), but changes to the values resulting from running a scenario with some variables (e.g. birth rate, propensity to be employed) changed.
  3. The ‘Impact‘ Table shows the difference between the Basic and Revised tables so the user can easily see the size and direction of change resulting from the different scenario.

The nature of each of the Topic Tables is shown below.  In each case the ‘revised’ version is shown.

Population Table

Only two variables can be changed in this Topic: birth rate (per thousand females aged 15 to 49) and immigration expressed as a percentage (positive or negative as appropriate) of the total population. (The absolute number of migrants is given in this table’s second to last row.)

Labour Force Data

The propensity to be employed by each age group are the only variables that can be changed here. This can range from 0% (possible for the older age group) to 100% (unlikely – typically 70% to 90%)

Productivity and GDP Data

Household Income Data

Overall household incomes are a function of the proportion of GDP per worker paid out in wages (Wage ratio) and the number of workers in the household as calculated at the bottom of the Labour Force Data Table.

 

Age Profile Data

This table summarises key age segments and groups.

There is no user interaction in this table.

All values in this table are calculated taking into account births in the year, migration age profile and death rate by gender/age

All calculation is done by single age years then summed by age group.

 

Distribution of Households by Income.

Household Expenditure by Income Segment