Abstract:
Although Sri Lanka is a developing
country it faces the problem of ageing
population due to falling in birth rate coupled
with longer living population. This paper
highlights pattern of population, growth rate
and ageing population, female to male ratio by
age group, impacts and consequences of
ageing population to the economy, and
measures taken to assist the old population.
The secondary data were gathered from the
Department of Census and Statistics, Ministry
of Health and Central Bank Reports of Sri
Lanka and analyzed using MS Excel 2007
software. The results reveal that the ageing
population has been increased over the years
and has many economic implications.
Therefore, the useful policy options are
required to be coping up with the aged
population.
