Life Expectancy at Birth, Total for Costa Rica
SPDYNLE00INCRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.80
Year-over-Year Change
1.48%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Life Expectancy at Birth, Total for Costa Rica' economic trend measures the average number of years a newborn in Costa Rica can expect to live. This metric is a key indicator of 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
Life expectancy at birth is a widely used statistic that reflects the overall mortality levels of a population. It summarizes the pattern of mortality in a given year and is an important indicator of a country's health and development status.
Methodology
This data is collected and calculated by the World Bank based on life tables and other demographic information.
Historical Context
Life expectancy trends are closely monitored by policymakers, health officials, and international organizations to assess progress toward development goals.
Key Facts
- Costa Rica has one of the highest life expectancies in Latin America.
- Life expectancy in Costa Rica has increased by over 10 years since 1960.
- Costa Rica's universal healthcare system is a key factor in its high life expectancy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Costa Rica can expect to live based on current mortality patterns.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a fundamental indicator of a country's overall health, development, and quality of life, making it highly relevant for policymakers, researchers, and the general public.
Q: How is this data collected or calculated?
A: This 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 international organizations closely monitor life expectancy trends to assess progress toward development goals and the overall health of a population.
Q: Are there update delays or limitations?
A: The World Bank updates this data annually, but there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Costa Rica (SPDYNLE00INCRI), retrieved from FRED.