Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Germany
LFWA24TTDEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,328,009.00
Year-over-Year Change
4.33%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the total working-age population in Germany between 15 and 24 years old. It provides insights into labor market dynamics and demographic changes that are crucial for policymakers and economists.
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 working-age population between 15 and 24 years old is an important indicator of a country's labor force potential. Tracking this demographic segment can help analyze workforce availability, skills, and participation rates over time.
Methodology
This data is collected through household surveys conducted by the German statistical agency.
Historical Context
Policymakers and labor market analysts use this metric to inform workforce development strategies and economic forecasting.
Key Facts
- The working-age population in Germany aged 15-24 was 10.3 million in 2021.
- This age group accounts for 12.3% of Germany's total working-age population.
- The 15-24 cohort has declined by 7.2% in the past decade due to lower birth rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Germany between 15 and 24 years old, providing insights into labor market dynamics and demographic changes.
Q: Why is this trend relevant for users or analysts?
A: Tracking the 15-24 age group is crucial for policymakers and economists to understand workforce availability, skills, and participation rates over time.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the German statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts use this metric to inform workforce development strategies and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published on an intra-annual basis, with some potential for delays in data collection and reporting.
Related Trends
Consumer Opinion Surveys: Economic Situation: Future Tendency for Germany
CSESFT02DEM460S
Orders: Manufacturing: Total Orders: Volume for Germany
DEUODMNTO01IXOBSAM
Harmonized Index of Consumer Prices: Overall Index Excluding Frequent Out-of-Pocket Purchases for Germany (including former GDR from 1991)
00XFRODEM086NEST
Consumer Opinion Surveys: Composite Consumer Confidence for Germany
CSCICP02DEM460S
Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Germany
PITGND01DEQ661N
Consumer Price Index: Harmonized Prices: Food and Non-Alcoholic Beverages (COICOP 01): Total for Germany
DEUCPHP0100IXEBM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Germany (LFWA24TTDEQ647S), retrieved from FRED.