Life Expectancy at Birth, Total for Benin
SPDYNLE00INBEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.77
Year-over-Year Change
3.95%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures the average number of years a newborn in Benin is expected to live. It is a key indicator of a population's overall health and socioeconomic 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
Life expectancy at birth summarizes the mortality pattern that prevails across all age groups in a given year. It is used by economists and policymakers to assess a country's progress in improving living conditions and healthcare.
Methodology
The data is calculated by the World Bank based on life tables and information on mortality rates.
Historical Context
Life expectancy trends help inform social and economic policies aimed at enhancing population welfare.
Key Facts
- Benin's life expectancy at birth was 61.8 years in 2020.
- Life expectancy in Benin has increased by over 10 years since 1990.
- Benin ranks 160th globally in terms of life expectancy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Benin is expected to live, based on current mortality rates.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key indicator of a population's overall health and socioeconomic development, making it relevant for economists, policymakers, and the public.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on life tables and information on mortality rates.
Q: How is this trend used in economic policy?
A: Life expectancy trends help inform social and economic policies aimed at enhancing population welfare and development.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in availability depending on reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Benin (SPDYNLE00INBEN), retrieved from FRED.