Life Expectancy at Birth, Total for the Lao People's Democratic Republic
SPDYNLE00INLAO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.96
Year-over-Year Change
6.91%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Life Expectancy at Birth, Total for the Lao People's Democratic Republic' metric tracks the average number of years a newborn is expected to live in Laos, providing insights into public 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 indicator represents the overall mortality level of a population and summarizes the mortality pattern that prevails across all age groups. It is a widely used measure of a country's health and socioeconomic conditions.
Methodology
The data is calculated based on mortality statistics from national statistical offices and the United Nations Population Division.
Historical Context
Economists and policymakers use this metric to assess a country's progress in improving living standards and healthcare access.
Key Facts
- Life expectancy in Laos was 67.4 years in 2020.
- Laos has seen a steady increase in life expectancy over the past decades.
- Improving life expectancy is a key development goal for the Lao government.
FAQs
Q: What does this economic trend measure?
A: This metric measures the average number of years a newborn is expected to live in the Lao People's Democratic Republic, providing insights into the country's public health and overall development.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a crucial indicator of a country's health, socioeconomic conditions, and progress in improving living standards. It is widely used by economists, policymakers, and development organizations to assess a nation's development trajectory.
Q: How is this data collected or calculated?
A: The data is calculated based on mortality statistics from the national statistical office and the United Nations Population Division.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to evaluate a country's progress in improving public health, healthcare access, and overall living standards, which are key factors in sustainable economic development.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with some potential delays in reporting from national statistical offices. There may also be limitations in data quality and coverage, particularly in developing countries.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for the Lao People's Democratic Republic (SPDYNLE00INLAO), retrieved from FRED.