Wallace Johnson, Gordon Wilson, Joseph Eskenazi, Billy Hall and Tony DiLisa are all veterans of the Second World War and all are 97 or older. AP
Wallace Johnson, Gordon Wilson, Joseph Eskenazi, Billy Hall and Tony DiLisa are all veterans of the Second World War and all are 97 or older. AP
Wallace Johnson, Gordon Wilson, Joseph Eskenazi, Billy Hall and Tony DiLisa are all veterans of the Second World War and all are 97 or older. AP
Wallace Johnson, Gordon Wilson, Joseph Eskenazi, Billy Hall and Tony DiLisa are all veterans of the Second World War and all are 97 or older. AP

World's population ageing at its fastest rate ever, says UN


Adla Massoud
  • English
  • Arabic

The world’s population of older people is growing at the fastest rate ever, the UN said on Thursday.

The number of people aged 65 and older had hit about 761 million as of 2021 and that figure is expected to more than double by 2050 to 1.6 billion, according to the UN’s “World Social Report 2023".

Eastern and South-Eastern Asia will account for more than 60 per cent of the global increase in the elderly.

Falling birth rates, greater access to education and increasing longevity are driving a largely irreversible trend towards older populations.

An elderly man enjoys the sunshine in Tai'an, Shandong province, China. AFP
An elderly man enjoys the sunshine in Tai'an, Shandong province, China. AFP

If countries and businesses plan right, an ageing population could create opportunities for economic growth, the report said.

“This report emphasises that countries have to be proactive to realise the potential demographic dividend of younger populations,” said Shantanu Mukherjee, a top analyst at the UN's Department of Economic and Social Affairs.

“Should they do so, then there can be lasting returns to the economy.

“Policies can be set in place in advance provided ageing is considered as central to the process of economic development.”

A baby born in 2021 could expect to live, on average, almost 25 years longer than a newborn from 1950, reaching 71 years of age, with women outliving men by an average of five years.

The report recommended that nations re-evaluate long-held policies associated with livelihoods and work.

It added that population ageing is progressing more rapidly in developing countries than it did historically in more developed countries.

Africa’s current youth bulge is expected to transform into progressively ageing populations over the next 30 years, which will have significant socio-economic effects for countries across the region.

North Africa, West Asia and sub-Saharan Africa are expected to experience the fastest growth in the number of older people over the next three decades, while Europe and North America combined now have the highest share of older people.

The world is ageing fast, and we have only a couple of regions that are still very young one is Africa,” said Daniela Bas, director of the Division for Inclusive Social Development at the UN's Department of Economic and Social Affairs.

“So if we are smart enough to produce policies that are going to facilitate these countries in the future, in preparing the path for those youth of today who are going to be the middle-aged and older people of tomorrow, we will make sure that at least those continents will not suffer.”

World population hits 8 billion — in pictures

  • Houses cover a hillside in the Petare neighbourhood of Caracas, Venezuela. The world's population hit an estimated eight billion people on November 15, according to the United Nations. AP
    Houses cover a hillside in the Petare neighbourhood of Caracas, Venezuela. The world's population hit an estimated eight billion people on November 15, according to the United Nations. AP
  • Damaris Ferrera with her baby at Damian Ferrera Altagracia Hospital – in Santo Domingo, Dominican Republic – which symbolically named him the eight billionth inhabitant of the world. AP
    Damaris Ferrera with her baby at Damian Ferrera Altagracia Hospital – in Santo Domingo, Dominican Republic – which symbolically named him the eight billionth inhabitant of the world. AP
  • Barbers on an abandoned train track in Abeokuta, about 70km outside Lagos, Nigeria. More than half of the projected increase in the global population up to 2050 will be concentrated in eight countries: the Democratic Republic of Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and Tanzania. EPA
    Barbers on an abandoned train track in Abeokuta, about 70km outside Lagos, Nigeria. More than half of the projected increase in the global population up to 2050 will be concentrated in eight countries: the Democratic Republic of Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and Tanzania. EPA
  • Newborn babies at Hotel Dieu hospital in Beirut, Lebanon, as the world population surges past eight billion. Reuters
    Newborn babies at Hotel Dieu hospital in Beirut, Lebanon, as the world population surges past eight billion. Reuters
  • Crowds on Takeshita Street in Tokyo, considered to be the world's most populous metropolitan area. AFP
    Crowds on Takeshita Street in Tokyo, considered to be the world's most populous metropolitan area. AFP
  • Nigeria is a significant contributor to world population growth. Countries in sub-Saharan Africa are expected to contribute more than half of the increase anticipated up to 2050, according to the UN. AP
    Nigeria is a significant contributor to world population growth. Countries in sub-Saharan Africa are expected to contribute more than half of the increase anticipated up to 2050, according to the UN. AP
  • A packed Ipanema beach in Rio de Janeiro, Brazil. AP
    A packed Ipanema beach in Rio de Janeiro, Brazil. AP
  • Traffic chaos at Ojodu-Berger bus station in Lagos, Nigeria's commercial capital, which has a population of about 15 million. AFP
    Traffic chaos at Ojodu-Berger bus station in Lagos, Nigeria's commercial capital, which has a population of about 15 million. AFP
  • A crowded market in Jalandhar, India. AFP
    A crowded market in Jalandhar, India. AFP
  • A family taking pictures at the Temple of Heaven in Beijing. AP
    A family taking pictures at the Temple of Heaven in Beijing. AP
  • Commuters waiting for buses in Manila, Philippines, where the city's 12 million population swells by three million during working hours. AFP
    Commuters waiting for buses in Manila, Philippines, where the city's 12 million population swells by three million during working hours. AFP
  • Mexico City is home to more than 20 million people. Reuters
    Mexico City is home to more than 20 million people. Reuters
  • Times Square in Manhattan. About nine million people live in New York's five boroughs. Reuters
    Times Square in Manhattan. About nine million people live in New York's five boroughs. Reuters
  • A busy market in New Delhi, India, part of an urban area where the population is estimated to be 32 million. AP
    A busy market in New Delhi, India, part of an urban area where the population is estimated to be 32 million. AP
  • Commuters at a train station in Hong Kong. AFP
    Commuters at a train station in Hong Kong. AFP
  • Indian commuters get off trains at the Church Gate railway station in Mumbai, India. AP
    Indian commuters get off trains at the Church Gate railway station in Mumbai, India. AP
  • A subway station in Seoul. The South Korean capital has a population approaching 10 million. AFP
    A subway station in Seoul. The South Korean capital has a population approaching 10 million. AFP

Japan, the country with the world’s oldest population as of 2021, will be surpassed by China and South Korea before 2050.

The report also found that people aged 80 and older are the fastest growing portion of the total population in many countries. This portion of the population is projected to increase by more than 200 per cent in the next three decades, except in Europe and North America, and Australia and New Zealand, where it is expected to grow by 10 per cent and 60 per cent, respectively.

However, the report warned that statistical averages hide broad disparities. In almost all societies, women live longer than men on average, and the rich live longer than the poor.

“If countries do not act to reduce inequalities throughout people's lives, then older people in the future are increasingly likely to suffer from high economic inequality,” Ms Bas said.

An elderly woman votes in Japan's general election at a polling station in Tokyo. AFP
An elderly woman votes in Japan's general election at a polling station in Tokyo. AFP
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

India Test squad

Virat Kohli (c), Mayank Agarwal, Rohit Sharma, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Rishabh Pant (wk), Wriddhiman Saha (wk), Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Shubman Gill

Women's Prize for Fiction shortlist

The Silence of the Girls by Pat Barker

My Sister, the Serial Killer by Oyinkan Braithwaite

Milkman by Anna Burns

Ordinary People by Diana Evans

An American Marriage by Tayari Jones

Circe by Madeline Miller

THE BIO:

Favourite holiday destination: Thailand. I go every year and I’m obsessed with the fitness camps there.

Favourite book: Born to Run by Christopher McDougall. It’s an amazing story about barefoot running.

Favourite film: A League of their Own. I used to love watching it in my granny’s house when I was seven.

Personal motto: Believe it and you can achieve it.

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

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Teri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya
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The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

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How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

MATCH INFO

Uefa Champions League quarter-final (first-leg score):

Juventus (1) v Ajax (1), Tuesday, 11pm UAE

Match will be shown on BeIN Sports

The fake news generation

288,000 – the number of posts reported as hate speech that were deleted by Facebook globally each month in May and June this year

11% – the number of Americans who said they trusted the news they read on Snapchat as of June 2017, according to Statista. Over a quarter stated that they ‘rarely trusted’ the news they read on social media in general

31% - the number of young people in the US aged between 10 and 18 who said they had shared a news story online in the last six months that they later found out was wrong or inaccurate

63% - percentage of Arab nationals who said they get their news from social media every single day.

Updated: January 12, 2023, 8:53 PM