Brazil Older Than Ever in Rising Threat to Limping Economy
- Aging very quickly compared to developed nations: demographer
- Additional social costs are growing concern to economists
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Brazil’s population is aging at its fastest clip ever, potentially draining momentum from Latin America’s largest economy after a decade of lackluster growth.
The portion of Brazilians that are 65 or older climbed to 10.9% in 2022 from 7.4% in 2010, according to data from Brazil’s statistics agency, or IBGE, released Friday. The share of seniors is now the largest its been since 1940, the oldest comparable census data.