How well are the OECD economies harnessing the power of an older workforce?
In our 2018 update, we explore the potential $3.5 trillion prize from longer working lives
estimated additional people aged over 55 in the OECD by 2050
average employment rate of 55-64 year olds across the OECD
boost to OECD GDP from increasing older worker employment rates to match those of New Zealand
This year's update of the Golden Age Index shows that the OECD has continued its gradual progress towards greater engagement of older people in the workforce. Iceland, New Zealand, Israel, Estonia and Sweden continue to lead the OECD, taking top positions on the index.
We explore the potential boost to OECD GDP from raising employment rates of older workers to New Zealand levels, finding that the OECD could experience a long-term gain of around $3.5 trillion and the UK around £180 billion.
View the key findings for highlights from our research and explore the results further using our interactive data tool. We provide more detailed analysis and commentary in the full report, which you can download below.
Our Golden Age Index is a weighted average of seven indicators which reflect the labour market impact of workers aged over 55 in OECD countries, including employment, earnings and training. The key findings from our 2018 report are as follows:
Click on a country below to see how it ranks against key indicators and how its performance has changed over time.