Fertility Rate, Total for the Philippines
SPDYNTFRTINPHL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.92
Year-over-Year Change
-40.79%
Date Range
1/1/1960 - 1/1/2023
Summary
The Total Fertility Rate (TFR) for the Philippines measures the average number of children born per woman. This key demographic indicator is widely used by policymakers and economists to analyze population trends and project future growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Fertility Rate represents the number of children a woman would have over her lifetime if she experienced the current age-specific fertility rates throughout her childbearing years. It is an important metric for understanding population dynamics and informing social and economic policies.
Methodology
The TFR is calculated by the World Bank using data on births and population from national statistical offices.
Historical Context
Fertility rates are closely monitored by governments and international organizations to plan for future workforce, healthcare, and infrastructure needs.
Key Facts
- The Philippines' TFR was 2.66 in 2020.
- Fertility rates have declined in the Philippines over the past decades.
- High fertility rates are associated with rapid population growth and demographic pressures.
FAQs
Q: What does this economic trend measure?
A: The Total Fertility Rate (TFR) for the Philippines measures the average number of children born per woman over her lifetime.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are a key demographic indicator used by policymakers, economists, and analysts to understand population dynamics and plan for future social and economic needs.
Q: How is this data collected or calculated?
A: The TFR is calculated by the World Bank using data on births and population from the Philippine national statistical office.
Q: How is this trend used in economic policy?
A: Fertility rates are closely monitored by governments to inform policies related to workforce planning, healthcare, education, and infrastructure investment.
Q: Are there update delays or limitations?
A: The TFR data may have a lag of 1-2 years due to the time required for national statistical agencies to collect and publish the underlying birth and population data.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for the Philippines (SPDYNTFRTINPHL), retrieved from FRED.