Fertility Rate, Total for Hungary

SPDYNTFRTINHUN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.51

Year-over-Year Change

22.76%

Date Range

1/1/1960 - 1/1/2023

Summary

The total fertility rate measures the average number of children born per woman in a given country. It is a key economic indicator used to assess 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 Hungary represents the average number of children a woman in Hungary would have over the course of her lifetime. This statistic is closely tracked by economists and policymakers to understand population dynamics and inform social and economic policies.

Methodology

The fertility rate is calculated by the World Bank using data on births and female population.

Historical Context

Fertility rates are an important consideration for fiscal, labor, and social policies in many countries.

Key Facts

  • Hungary's total fertility rate was 1.53 in 2020.
  • Fertility rates have declined in Hungary over the past several decades.
  • Low fertility can impact economic growth and social programs.

FAQs

Q: What does this economic trend measure?

A: The total fertility rate measures the average number of children born per woman in Hungary over her lifetime.

Q: Why is this trend relevant for users or analysts?

A: Fertility rates are a key demographic and economic indicator used to understand population growth, aging, and the potential impacts on the labor force and social systems.

Q: How is this data collected or calculated?

A: The fertility rate is calculated by the World Bank using data on births and female population.

Q: How is this trend used in economic policy?

A: Fertility rates inform fiscal, labor, and social policies related to population growth, aging, and the workforce.

Q: Are there update delays or limitations?

A: The fertility rate data is published annually with some lag, and may not fully capture short-term fluctuations.

Related Trends

Citation

U.S. Federal Reserve, Fertility Rate, Total for Hungary (SPDYNTFRTINHUN), retrieved from FRED.