Despite fragile economic conditions, Pakistan, with 63% of its population below the age of 24, still has a golden opportunity to capitalise on the demographic dividend.
According to data compiled by the Pakistan Census Organisation, the growth in labour force has been faster than the population growth. Consequently, working-age population (15-64 years) as a percentage of total population has increased from 54% in 1998 to 60% in 2013.
At the same time, dependency ratio dropped from 0.86 to 0.75. These trends are expected to continue over the next two decades and the dependency ratio will reach the lowest by 2030.