Fertility Rate, Total for the Lao People's Democratic Republic
SPDYNTFRTINLAO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.42
Year-over-Year Change
-20.60%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate measures the average number of children a woman in Laos would have over her lifetime. It is a key economic indicator for monitoring demographic trends and population growth.
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 Laos is an estimate of the average number of children that would be born per woman if all women lived to the end of their childbearing years. This metric is widely used by economists and policymakers to analyze population dynamics and project future workforce and social welfare needs.
Methodology
The data is calculated by the World Bank using survey and census information collected by the Lao government.
Historical Context
Fertility rates in Laos are a key input for economic and social policy planning around education, healthcare, labor markets, and social services.
Key Facts
- Laos has one of the highest fertility rates in Southeast Asia.
- The fertility rate in Laos has declined over the past decades but remains high compared to regional neighbors.
- Rapid population growth presents economic and social challenges for Laos.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Laos measures the average number of children a woman would have over her lifetime.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are a key demographic indicator used by economists and policymakers to understand population dynamics and plan for future social and economic needs.
Q: How is this data collected or calculated?
A: The World Bank calculates the total fertility rate for Laos using survey and census data collected by the Lao government.
Q: How is this trend used in economic policy?
A: Fertility rates in Laos inform economic and social policies around education, healthcare, labor markets, and social services.
Q: Are there update delays or limitations?
A: The total fertility rate data for Laos may have lags or limitations due to the challenges of collecting comprehensive demographic information.
Related Trends
Literacy Rate, Adult Total for the Lao People's Democratic Republic
SEADTLITRZSLAO
Value of Exports to Lao People's Democratic Republic from Virginia
VALAOA052SCEN
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Lao People's Democratic Republic
LAOFCAKNUM
Fiscal Situation of General Government: Gross Debt Position for Lao People's Democratic Republic
LAOGGXWDGG01GDPPT
Bank's Cost to Income Ratio for Lao People's Democratic Republic
DDEI07LAA156NWDB
Ease of doing business index for the Lao People's Democratic Republic
ICBUSEASEXQLAO
Citation
U.S. Federal Reserve, Fertility Rate, Total for the Lao People's Democratic Republic (SPDYNTFRTINLAO), retrieved from FRED.