Fertility Rate, Total for Austria
SPDYNTFRTINAUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.32
Year-over-Year Change
-7.69%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Austria measures the average number of children that would be born to a woman over her lifetime, based on current age-specific fertility rates. This key demographic indicator is relevant for policymakers and economists studying population trends.
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 (TFR) represents the average number of children that would be born to a woman in Austria if she were to live through her child-bearing years and give birth to children in alignment with the age-specific fertility rates for a given year. The TFR is a widely used metric for analyzing population dynamics and growth.
Methodology
The data is collected through household surveys and administrative records by Statistics Austria.
Historical Context
The TFR is closely monitored by policymakers and economists to understand population aging, labor force trends, and social welfare implications.
Key Facts
- Austria's TFR was 1.46 in 2020.
- Austria has one of the lowest fertility rates in Europe.
- Declining birth rates contribute to population aging in Austria.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate (TFR) for Austria measures the average number of children that would be born to a woman over her lifetime, based on current age-specific fertility rates.
Q: Why is this trend relevant for users or analysts?
A: The TFR is a key demographic indicator that is closely monitored by policymakers and economists to understand population aging, labor force trends, and social welfare implications.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and administrative records by Statistics Austria.
Q: How is this trend used in economic policy?
A: The TFR is used by policymakers and economists to analyze population dynamics and growth, which informs decisions around labor, social welfare, and other economic policies.
Q: Are there update delays or limitations?
A: The TFR data is published annually with a short delay, and may be subject to revisions based on updated survey and administrative information.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Austria (SPDYNTFRTINAUT), retrieved from FRED.