Life Expectancy at Birth, Total for Ireland
SPDYNLE00INIRL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.86
Year-over-Year Change
2.62%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures the average number of years a newborn in Ireland is expected to live. It is a key indicator of population health and a measure of a country's 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 reflects the overall mortality level of a population. It summarizes the mortality pattern that prevails across all age groups in a given year, from infants to the oldest individuals.
Methodology
The data is calculated by the World Bank based on life tables and information on the population.
Historical Context
Life expectancy is used by policymakers and analysts to assess a country's healthcare system and social policies.
Key Facts
- Ireland's life expectancy was 82.8 years in 2020.
- Life expectancy in Ireland has increased by over 10 years since 1960.
- Ireland has one of the highest life expectancies in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Ireland is expected to live based on the current mortality patterns.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a key indicator of a population's overall health and well-being, and is used by policymakers and economists to assess a country's social and economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on life tables and information on the population.
Q: How is this trend used in economic policy?
A: Life expectancy data is used by policymakers and analysts to evaluate a country's healthcare system, social policies, and overall socioeconomic conditions.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Ireland (SPDYNLE00INIRL), retrieved from FRED.