This page has a list of countries by Elderly literacy rate, population 65+ years, both sexes (%), according to officially-recognized international sources compiled by the World Bank. Percentage of the population age 65 and above who can, with understanding, read and write a short, simple statement on their everyday life. Generally, ‘literacy’ also encompasses ‘numeracy’, the ability to make simple arithmetic calculations. This indicator is calculated by dividing the number of literates aged 65 years and over by the corresponding age group population and multiplying the result by 100.