Fertility Rate, Total for Romania
SPDYNTFRTINROU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.71
Year-over-Year Change
16.33%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Romania measures the average number of children born per woman. It is a key demographic indicator used by economists and policymakers to understand population trends and development.
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 that would be born to each woman if she were to live to the end of her childbearing years and give birth to children in alignment with the prevailing age-specific fertility rates. This metric is widely used to analyze population dynamics and inform social and economic policies.
Methodology
The data is collected through national statistical agencies and compiled by the World Bank.
Historical Context
Fertility rates are closely monitored by governments and international organizations to plan for infrastructure, education, and social services.
Key Facts
- Romania's total fertility rate was 1.31 in 2020.
- Fertility rates have declined in Romania since the 1960s.
- Low fertility can lead to population aging and economic challenges.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Romania measures the average number of children born per woman in the country.
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 trends and development.
Q: How is this data collected or calculated?
A: The data is collected through national statistical agencies and compiled by the World Bank.
Q: How is this trend used in economic policy?
A: Fertility rates are closely monitored by governments and international organizations to plan for infrastructure, education, and social services.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting timelines of national statistical agencies.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Romania (SPDYNTFRTINROU), retrieved from FRED.