Life Expectancy at Birth, Total for Austria
SPDYNLE00INAUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.54
Year-over-Year Change
0.69%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Life Expectancy at Birth, Total for Austria' metric measures the average number of years a newborn in Austria is expected to live. This indicator is widely used by economists and policymakers to assess a country's overall health 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
This series represents the average number of years a newborn infant would live if prevailing patterns of mortality at the time of birth were to stay the same throughout the child's life. It is an important statistic for evaluating social progress and quality of life in Austria.
Methodology
The data is collected and calculated by the World Bank based on life tables and other demographic information.
Historical Context
Policymakers and economists use life expectancy trends to inform decisions on public health, social welfare, and economic development programs.
Key Facts
- Austria's life expectancy at birth is currently 81.7 years.
- Life expectancy has increased by over 10 years in Austria since 1960.
- Women in Austria live on average 4 years longer than men.
FAQs
Q: What does this economic trend measure?
A: The 'Life Expectancy at Birth, Total for Austria' metric measures the average number of years a newborn in Austria is expected to live based on current mortality patterns.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key indicator of a country's overall health, development, and quality of life, making it highly relevant for economists, policymakers, and the general public.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on life tables and other demographic information.
Q: How is this trend used in economic policy?
A: Policymakers and economists use life expectancy trends to inform decisions on public health, social welfare, and economic development programs.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be some delay in the most recent year's figures being published.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Austria (SPDYNLE00INAUT), retrieved from FRED.