Fertility Rate, Total for Benin
SPDYNTFRTINBEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.56
Year-over-Year Change
-16.19%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate measures the average number of children born to a woman in a given country. This metric is crucial for economists and policymakers to understand population growth and demographic 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 for Benin represents the average number of children that would be born to a woman over her lifetime if she were to experience the current age-specific fertility rates throughout her childbearing years. This statistic is widely used to analyze population dynamics and inform social welfare policies.
Methodology
The data is collected through national surveys and censuses conducted by the Benin government.
Historical Context
Fertility rates are closely monitored by economists and development organizations to assess economic and social progress.
Key Facts
- Benin's total fertility rate was 4.83 children per woman in 2020.
- Fertility rates have steadily declined in Benin over the past two decades.
- High fertility rates are associated with slower economic development in many low-income countries.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate measures the average number of children born to a woman in Benin over her lifetime.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are crucial indicators of population growth and demographic change, which are vital for economic and social policy planning.
Q: How is this data collected or calculated?
A: The data is collected through national surveys and censuses conducted by the Benin government.
Q: How is this trend used in economic policy?
A: Fertility rates are closely monitored by economists and development organizations to assess economic and social progress in Benin.
Q: Are there update delays or limitations?
A: The data may be subject to delays in collection and reporting by the Benin government.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Benin
BENFCSODUXDC
Use of Financial Services, Liabilities: Outstanding Deposits at Deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCLODMFXDC
Number of Identified Exporters to Benin from Alabama
ALBENA475SCEN
Value of Exports to Benin from District of Columbia
DCBENA052SCEN
Use of Financial Services: Key Indicators Active Mobile Money Accounts Per 1000 Adults for Benin
BENFCMAAANUM
Use of Financial Services: Number of Depositors which are Households at Commercial Banks for Benin
BENFCDODCHPENUM
Citation
U.S. Federal Reserve, Fertility Rate, Total for Benin (SPDYNTFRTINBEN), retrieved from FRED.