Fertility Rate, Total for Papua New Guinea
SPDYNTFRTINPNG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
-18.79%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Papua New Guinea measures the average number of children born per woman. It is a key indicator of demographic trends and population growth in the country.
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 a woman would have during her lifetime if fertility patterns remained constant. This metric is widely used by economists and policymakers to understand population dynamics and long-term growth.
Methodology
The fertility rate data is collected through household surveys and censuses by the World Bank.
Historical Context
Trends in the total fertility rate are relevant for economic and social policy planning in Papua New Guinea.
Key Facts
- Papua New Guinea has one of the highest fertility rates in the world.
- The total fertility rate in Papua New Guinea was 3.6 births per woman in 2020.
- High fertility rates are linked to lower economic development in Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Papua New Guinea measures the average number of children born per woman in the country.
Q: Why is this trend relevant for users or analysts?
A: Trends in the total fertility rate are important for understanding population dynamics and long-term economic and social development in Papua New Guinea.
Q: How is this data collected or calculated?
A: The fertility rate data is collected through household surveys and censuses by the World Bank.
Q: How is this trend used in economic policy?
A: Fertility rate trends are relevant for economic and social policy planning in Papua New Guinea, including areas like healthcare, education, and workforce development.
Q: Are there update delays or limitations?
A: The World Bank publishes the total fertility rate data for Papua New Guinea with a lag of 1-2 years.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Papua New Guinea (SPDYNTFRTINPNG), retrieved from FRED.