The size of working age groups will peak in 2031 for ages 20-39 and in 2051 for ages 40-59. In the short term, population ageing favors Argentine productivity, and the fiscal support ratio is projected to grow until 2033 with a projected peak in 2018. This ratio indicates a potential “demographic dividend” – surplus generated by the economy that, if invested in health, education, and infrastructure, can move the economy to a path of higher production and living standards. Policy options for a declining workforce include: delaying retirement to maintain productivity; closing the gender gap; and increasing taxes to maintain fiscal balance
