Journal of Economics and Management (Jan 2022)

Demographic dividend in Saudi Arabia: From age structural changes to economic gains

  • Al-Khraif Rshood M.,
  • Salam Asharaf Abdul,
  • Rashid Mohd Fadzil Abdul

DOI
https://doi.org/10.22367/jem.2022.44.02
Journal volume & issue
Vol. 44, no. 1
pp. 19 – 37

Abstract

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Aim/purpose – The demographic dividend, defined as the proportion of working age to the rest of the population, is an opportunity seen mainly in developing countries, resulting from demographic transition. Efforts to maximize gains from it are crucial, especially for the Arabian Gulf states, where labor force demands are met at the danger of native youth unemployment that leads to issues of human resources utilization. This research on Saudi Arabian demographic dividend aims at tracking changes in the age structure, labor force participation, and prospects leading to economic gains.

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