Aging: Luxembourg is among the top 20 countries in the world for those aged 60 and over, according to the UN.
Luxembourg is the 16th best nation in world in which to age, according to United Nations-backed research released this week. However the Grand Duchy’s older residents topped the international rankings for “income security”, the Global AgeWatch Index 2013 report found.
Luxembourg’s overall score was 76.7% out of an “ideal” 100%, placing it behind 14th ranked Australia (77.2%) and 15th placed Finland (77.1%), and in front of 17th ranked Denmark (75.9%) and 18th placed France (75%).
The overall top 10 were Sweden (89.9%), Norway (89.8%), Germany (89.3%), Netherlands (88.2%), Canada (88%), Switzerland (87.9%), New Zealand (84.5%), the US (83.8%), Iceland (83.4%) and Japan (83.1%).
Ireland ranked 12th (79.5%), the UK was 13th (78.7%), while Belgium placed 24th (67%).
At the bottom of the worldwide rankings were Rwanda (16.6%), Jordan (11.4%), Pakistan (8.3%), Tanzania (4.6%) and 91st placed Afghanistan (3.3%).
“As a rule of thumb, a 10-point difference between values can be considered as statistically significant,” the index authors explained.
Most secure financially
At the same time, the Grand Duchy came first in one of the four categories that make up the overall index. Luxembourg achieved 98.2% of an ideal 100% in the domain of “income security”, which “describes access to a sufficient amount of income, and the capacity to use it independently, in order to meet basic needs in older age.” France was second (93.2%).
Luxembourg was 11th globally (81.2%) in “enabling environment”, which measured the ability of those aged 60 and above “to have the freedom of choice to live independent and self-reliant lives.”
The Grand Duchy came 16th in “health status” (72.7%), which looked at “physical frailty” that is “closely associated with risk of the onset of ill-health and disability”. Switzerland (81.3%) led that global field.
Luxembourg fared less well in the field of “employment and education”, or the “elements of the coping capacity and capability attributes of older people”, ranking 55th (38.4%) out of 91 nations. The Netherlands (85.6%) topped this category.
The UN has estimated that by 2050 the population aged 60 and over on the planet will double from 11% to 22%. This week’s report concluded that “more needs to be done to fulfil the potential of older people”.