Fertility Rate, Total for Barbados
SPDYNTFRTINBRB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.71
Year-over-Year Change
-2.84%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Barbados measures the average number of children born per woman. It is a key indicator of demographic and socioeconomic trends in the country.
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 a woman would have if she experienced the age-specific fertility rates observed in a given year. It is widely used by economists and policymakers to analyze population dynamics and family planning.
Methodology
The data is calculated by the World Bank using national statistical sources.
Historical Context
The fertility rate provides important context for Barbados' economic and social development policies.
Key Facts
- Barbados' fertility rate was 1.6 children per woman in 2020.
- The fertility rate has declined steadily in Barbados since the 1960s.
- Low fertility rates are associated with an aging population in Barbados.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Barbados measures the average number of children born per woman in the country.
Q: Why is this trend relevant for users or analysts?
A: The fertility rate is a key indicator of demographic and socioeconomic trends that is widely used by economists and policymakers.
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: The fertility rate provides important context for Barbados' economic and social development policies.
Q: Are there update delays or limitations?
A: There may be some delays in data availability depending on national reporting schedules.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Barbados (SPDYNTFRTINBRB), retrieved from FRED.