Cohort Replacement Ratio

The Cohort Replacement Ratio measures how well a population sustains itself over time by comparing the number of people aging out of a working or supporting age group (like seniors) to the number of young people entering the workforce or reproductive age. If the ratio is less than 1, it indicates more people are leaving the working population than entering, which can lead to economic challenges. Essentially, it shows whether a population is replacing its older generations with new ones, helping assess long-term demographic and economic stability.