Indonesia Conference Directory

OIC countries are gifted with a large share of young population and are still accumulating human capital in order to compete with the rest of the world. Since economic growth also has to do with demography and human capital, this study examines both impact on economic growth in 15 OIC countries for 25 years from 1991 until 2015 using panel data. The result found that demographic factors used in this study, namely fertility rate and old-age dependency ratio, respectively have insignificant and significant positive impact on economic growth. Meanwhile, human capital represented by life expectancy at birth and gross enrolment rate in tertiary schools both have significant and positive impact on economic growth.