Life Expectancy at Birth, Total for Ecuador
SPDYNLE00INECU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.39
Year-over-Year Change
2.94%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Life Expectancy at Birth, Total for Ecuador' trend measures the average number of years a newborn in Ecuador is expected to live. This is a key indicator of a population's overall health and development.
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
This metric represents the mean number of years a newborn would live if mortality patterns at the time of birth were to remain constant throughout their life. It is widely used by economists, demographers, and policymakers to analyze a country's standard of living and progress toward development goals.
Methodology
The data is calculated by the World Bank based on life tables and officially reported mortality rates.
Historical Context
Life expectancy is a crucial input for economic and social policy planning, including healthcare, social security, and retirement systems.
Key Facts
- Ecuador's life expectancy was 77.2 years in 2020.
- Life expectancy in Ecuador has increased by over 10 years since 1990.
- Ecuador ranks 91st globally in terms of life expectancy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Ecuador is expected to live, based on current mortality patterns.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key indicator of a country's overall health, development, and standard of living, making it relevant for economists, policymakers, and the general public.
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 rates.
Q: How is this trend used in economic policy?
A: Life expectancy is a crucial input for economic and social policy planning, including healthcare, social security, and retirement systems.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Ecuador (SPDYNLE00INECU), retrieved from FRED.