Fertility Rate, Total for Andorra
SPDYNTFRTINAND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.08
Year-over-Year Change
-18.09%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Andorra measures the average number of children born per woman. This metric is crucial for policymakers to understand demographic trends and plan for public services.
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 that would be born to a woman if she were to live to the end of her childbearing years and bear children at the prevailing age-specific fertility rates. It is an important indicator of a country's population dynamics.
Methodology
The data is calculated by the World Bank using nationally reported vital statistics.
Historical Context
Fertility rates are closely monitored by governments and economists to forecast labor force growth, pension liabilities, and other policy implications.
Key Facts
- Andorra's total fertility rate was 1.38 in 2020.
- Fertility rates below 2.1 are considered 'low' and can lead to population decline.
- Declining birth rates are a challenge for many developed economies.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate measures the average number of children that would be born to a woman over her lifetime if she were to experience the prevailing age-specific fertility rates.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are a key demographic indicator that inform economic and social policy planning around labor force, public services, and social security.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using nationally reported vital statistics.
Q: How is this trend used in economic policy?
A: Governments and economists closely monitor fertility rates to forecast labor force growth, pension liabilities, and other policy implications.
Q: Are there update delays or limitations?
A: The World Bank data is updated annually, but there may be lags in reporting from some countries.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Andorra (SPDYNTFRTINAND), retrieved from FRED.