Armenia 2050: who will pay for the costs of an aging society?

Explore your place in the economic lifecycle and Armenia’s possible future in 2050

⚖️ Economic surplus window
In 2023, the surplus window is ages 26–51, while labour income covers 70.5% of consumption.
🛠️ Conditional scenarios
Employed-to-pensioner ratio
2.3
In 2025, there are about 2.3 employed people per pensioner.
2050 scenario estimate
≈1.5
If ageing deepens and employment does not grow at the same pace, the ratio may approach 1.5 employed people per pensioner.
Note: The 2025 figure is calculated using the number of pensioners and preliminary 2025 employment data. The 2050 figure is not an official statistic, but a scenario estimate based on projected population ageing.

Source: “National Time Transfer Accounts in Armenia 2023” report, Statistical Committee of Armenia, and preliminary 2025 employment data. The chart is an interactive explanatory model based on the key thresholds and trends reported in the study.