The Unlocked Potential of Ageing and Silver Economy in Sri Lanka

Unlocking the Potential of the Silver Economy in Sri Lanka

The Sri Lankan population is experiencing a significant demographic shift, with over 18% of the population currently aged 60 and above. By 2041, this figure is projected to increase to one in four. If managed effectively, this ageing population and the associated Silver Economy have the potential to significantly contribute to Sri Lanka’s economic landscape. An analysis by the Institute of Policy Studies highlights both the challenges and opport…

The unlocked potential of ageing and silver economy in Sri Lanka

With over 18% already aged 60 and above — and one in four projected to be 60 or older by 2041 — the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka’s economy. An Institute of Policy Studies blog analyses the challenges and the possibilities for Sri Lanka to reap demographic dividends by unlocking the potential of the ageing po…

The Unlocked Potential of Ageing and Silver Economy - Groundviews

Photo courtesy of UNFPA With over 18% already aged 60 and above and one in four projected to be 60 or older by 2041, the Sri Lankan population is rapidly ageing. If harnessed effectively, the elderly population and the related silver economy have great potential to contribute to the economy. Although population ageing poses challenges