Life Expectancy at Birth, Total for Saudi Arabia
SPDYNLE00INSAU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.73
Year-over-Year Change
3.86%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures life expectancy at birth for the total population of Saudi Arabia, providing insights into the country's overall health and well-being.
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 key indicator of a population's health and development. It represents the average number of years a newborn is expected to live if current mortality patterns remain constant throughout their lifetime.
Methodology
The data is collected through national surveys and vital registration systems.
Historical Context
Life expectancy trends are closely monitored by policymakers and economists to assess the impact of healthcare, education, and social policies.
Key Facts
- Life expectancy in Saudi Arabia is currently 74.7 years.
- Saudi Arabia has seen a steady increase in life expectancy over the past few decades.
- Improving healthcare and socioeconomic conditions have contributed to the rise in life expectancy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of years a newborn in Saudi Arabia is expected to live based on 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 closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through national surveys and vital registration systems.
Q: How is this trend used in economic policy?
A: Life expectancy trends are used to assess the impact of healthcare, education, and social policies, and to inform decision-making on resource allocation and program development.
Q: Are there update delays or limitations?
A: The data is typically updated on an annual basis, with some potential delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Life Expectancy at Birth, Total for Saudi Arabia (SPDYNLE00INSAU), retrieved from FRED.