Do you know which is the best country to grow old in? The world is ageing fast and the number of elderly people is growing every year. However, there are big differences among individual countries when it comes to growing old. HelpAge International, an international non-governmental organization that helps older people claim their rights, challenge discrimination, and overcome poverty; developed the Global AgeWatch Index. This index compares the quality of life of older citizens in different countries all over the world. The Index is also a tool to measure progress and aims to improve the impact of policy and practice on ageing populations. Based on four main domains (income security, health status, capability and enabling environment), the Index is used to create an annual ranking of the best and worst countries to grow old in. To find out what countries are the most elderly-friendly, check out this post with 25 Best Countries To Grow Old In.
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Panama has a population of 3.9 million including 0.4 million over 60. It ranks highest in the capability domain (particularly in the employment rate). There are several other indicators where Panama is above regional average such average life expectancy, relative psychological well-being and pension income coverage.
Home to just 0.6 million inhabitants (0.1 million over 60), Luxembourg ranks first in the income security domain, with the second highest regional GNI per capita and the second lowest regional poverty rate in old age. It also ranks high in the health domain and the enabling environment domain (social life, civic freedom and public transport).
Israel has a population of 8.5 million out which 1.3 million are over 60. This Middle East country ranks highest in the capability domain with the employment rate and educational attainment among older people both above the regional averages. It also performs well in the health domain, with values near the regional averages for life expectancy at 60 and healthy life expectancy at 60.
Out of 24.3 million Australians, 4.9 million are over 60. Australia ranks highest in the health domain, with values above the regional average on all health indicators. It also does well in the capability domain (high levels of educational attainment and employment rate among older people) and in the enabling environment domain (social connectedness and civic freedom).
France has a population of 66.7 million, including 16.3 million of people over 60. It ranks highest in the income security domain with one of the lowest old age poverty rates and 100% pension coverage. France also ranks high in the health domain, with a life expectancy at 60 and healthy life expectancy at 60 higher than the regional average.