Fertility Rate, Total for the Slovak Republic
SPDYNTFRTINSVK • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.49
Year-over-Year Change
2.76%
Date Range
1/1/1960 - 1/1/2023
Summary
The Total Fertility Rate (TFR) for the Slovak Republic measures the average number of children a woman is expected to have over the course of her lifetime. This metric is a key indicator of demographic trends and population dynamics.
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 hypothetical woman would have if she experienced the current age-specific fertility rates throughout her reproductive years. It is a widely used statistic for analyzing birth patterns and population growth in a given country or region.
Methodology
The TFR is calculated based on national birth registration data and population estimates.
Historical Context
Policymakers and economists closely monitor fertility trends to assess the potential impact on the labor force, social welfare programs, and long-term economic growth.
Key Facts
- The Slovak Republic has one of the lowest fertility rates in the European Union.
- Fertility rates have declined significantly in Slovakia since the 1990s.
- Low fertility can contribute to population aging and labor force challenges.
FAQs
Q: What does this economic trend measure?
A: The Total Fertility Rate (TFR) for the Slovak Republic measures the average number of children a woman is expected to have over the course of her lifetime.
Q: Why is this trend relevant for users or analysts?
A: Fertility trends are a key indicator of demographic changes and can have significant implications for economic and social policy.
Q: How is this data collected or calculated?
A: The TFR is calculated based on national birth registration data and population estimates.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor fertility rates to assess the potential impact on the labor force, social welfare programs, and long-term economic growth.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of national birth and population statistics reporting.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for the Slovak Republic (SPDYNTFRTINSVK), retrieved from FRED.