Life Expectancy at Birth, Total for the Philippines
SPDYNLE00INPHL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.83
Year-over-Year Change
1.07%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures the average number of years a newborn in the Philippines is expected to live if current mortality patterns remain the same. It is a key demographic indicator used by policymakers to assess population 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 metric that summarizes the overall health and mortality conditions of a population. It represents the average number of years a newborn is expected to live, based on age-specific death rates at the time of birth. This trend is crucial for evaluating a country's progress on sustainable development goals and public health initiatives.
Methodology
The data is calculated by the World Bank based on life tables and national-level mortality data.
Historical Context
Policymakers and international organizations utilize life expectancy trends to guide health, education, and social welfare policies.
Key Facts
- The current life expectancy in the Philippines is 71.1 years.
- Life expectancy has increased by over 10 years since 1960.
- The Philippines ranks 113th 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 the Philippines is expected to live if current mortality patterns remain the same. It is a key demographic indicator of population health and development.
Q: Why is this trend relevant for users or analysts?
A: Life expectancy is a crucial metric used by policymakers, international organizations, and researchers to assess a country's progress on sustainable development goals and guide health, education, and social welfare policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on life tables and national-level mortality data.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations utilize life expectancy trends to guide health, education, and social welfare policies aimed at improving population health and driving economic development.
Q: Are there update delays or limitations?
A: The life expectancy data is typically updated annually, but there may be some delays in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for the Philippines (SPDYNLE00INPHL), retrieved from FRED.