Fertility Rate, Total for Albania
SPDYNTFRTINALB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.35
Year-over-Year Change
-19.62%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate measures the average number of children born per woman in Albania. This statistic is a key indicator of demographic trends and population dynamics.
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
The total fertility rate represents the number of children that would be born to a woman if she lived to the end of her childbearing years and bore children at each age in accordance with prevailing age-specific fertility rates. It is widely used by economists and policymakers to analyze population growth and family planning.
Methodology
The data is calculated by the World Bank using national statistical sources.
Historical Context
The fertility rate is an important metric for governments to monitor and forecast social, economic, and policy needs.
Key Facts
- Albania's total fertility rate was 1.58 in 2020.
- Fertility rates have declined in Albania over the past decades.
- Low fertility can lead to population aging and workforce challenges.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate measures the average number of children born per woman in Albania. It is a key demographic indicator.
Q: Why is this trend relevant for users or analysts?
A: The fertility rate is important for understanding population growth, demographic shifts, and planning for social and economic needs.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national statistical sources.
Q: How is this trend used in economic policy?
A: Governments monitor fertility rates to forecast social, economic, and policy needs related to population growth and demographics.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric may not fully capture all social and economic factors affecting fertility.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Albania
ALBFCBODCNUM
Number of Identified Exporters to Albania from Connecticut
CTALBA475SCEN
Insurance Company Assets to GDP for Albania
DDDI11ALA156NWDB
Value of Exports to Albania from Oregon
ORALBA052SCEN
Number of Identified Exporters to Albania from Pennsylvania
PAALBA475SCEN
Number of Identified Exporters to Albania from Colorado
COALBA475SCEN
Citation
U.S. Federal Reserve, Fertility Rate, Total for Albania (SPDYNTFRTINALB), retrieved from FRED.