Life Expectancy at Birth, Total for Barbados
SPDYNLE00INBRB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.18
Year-over-Year Change
0.77%
Date Range
1/1/1960 - 1/1/2023
Summary
This indicator measures the average number of years a newborn is expected to live in Barbados. It is a key statistic for understanding population health and demographic trends.
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 - children and adolescents, adults, and the elderly. It is widely used by policymakers, demographers, and health economists to evaluate standards of living and the performance of national health systems.
Methodology
The data is calculated based on mortality statistics and population estimates from the United Nations Population Division.
Historical Context
Life expectancy is a important metric for assessing progress on the United Nations Sustainable Development Goals related to health and well-being.
Key Facts
- Life expectancy in Barbados was 79.4 years in 2020.
- Barbados has one of the highest life expectancies in the Caribbean region.
- Life expectancy has increased by over 10 years in Barbados since 1960.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the average number of years a newborn is expected to live in Barbados based on current mortality patterns.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key statistic for understanding population health, demographic trends, and the performance of national health systems.
Q: How is this data collected or calculated?
A: The data is calculated based on mortality statistics and population estimates from the United Nations Population Division.
Q: How is this trend used in economic policy?
A: Life expectancy is an important metric for assessing progress on the United Nations Sustainable Development Goals related to health and well-being.
Q: Are there update delays or limitations?
A: The data is updated annually by the United Nations and may have lags of 1-2 years.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Barbados (SPDYNLE00INBRB), retrieved from FRED.