Life Expectancy at Birth, Total for Canada
SPDYNLE00INCAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.65
Year-over-Year Change
0.20%
Date Range
1/1/1960 - 1/1/2023
Summary
This trend measures the average number of years a newborn in Canada is expected to live based on current mortality rates. It is a key indicator of population health and welfare.
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
Life expectancy at birth is a widely used metric that summarizes the mortality conditions in a country. It represents the average number of years a newborn is expected to live if current mortality patterns continue to apply.
Methodology
The data is calculated by the World Bank based on life tables and officially reported mortality statistics.
Historical Context
Life expectancy is a critical input for policymakers and health economists in understanding population dynamics and planning public health interventions.
Key Facts
- Life expectancy in Canada was 82.2 years in 2020.
- Canada ranks 13th globally for life expectancy.
- Life expectancy has increased by over 10 years since 1960.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Canada is expected to live based on current mortality rates.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key indicator of population health and welfare, and is critical for policymakers and health economists in understanding population dynamics and planning public health interventions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on life tables and officially reported mortality statistics.
Q: How is this trend used in economic policy?
A: Life expectancy is a crucial input for policymakers and health economists in understanding population dynamics and planning public health interventions.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with the most recent year typically available after a short delay.
Related Trends
Balance of Payments: Goods: Expenditure for Canada
CANB6DBTD01NCCUSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing for Canada
CANCPGRLH01GYM
Projection of General government net lending/borrowing for Canada
GGNLBPCAA188N
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for Canada
CANB6BLSE01CXCUSAQ
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Canada
LFAC25TTCAA647N
Total Credit to General Government, Adjusted for Breaks, for Canada
QCAGAM770A
Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Canada (SPDYNLE00INCAN), retrieved from FRED.