Fertility Rate, Total for Costa Rica
SPDYNTFRTINCRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.33
Year-over-Year Change
-29.14%
Date Range
1/1/1960 - 1/1/2023
Summary
The Total Fertility Rate (TFR) for Costa Rica measures the average number of children a woman would have over her lifetime at current fertility rates. It is a key indicator of demographic and social trends.
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 (TFR) represents the average number of children that would be born to a woman over her lifetime if she were to experience the current age-specific fertility rates throughout her child-bearing years. This metric is widely used by economists and policymakers to analyze population dynamics and inform social programs.
Methodology
The TFR is calculated based on birth rate data collected by national statistical agencies.
Historical Context
Trends in Costa Rica's TFR provide insights into the country's demographic transition and inform policymaking around social services, labor markets, and economic development.
Key Facts
- Costa Rica's TFR has declined from over 6 children per woman in the 1960s to around 1.7 in recent years.
- The country's fertility rate is below the replacement level of 2.1, indicating an aging population.
- Declining fertility is linked to increased female education and labor force participation in Costa Rica.
FAQs
Q: What does this economic trend measure?
A: The Total Fertility Rate (TFR) for Costa Rica measures the average number of children a woman would have over her lifetime at current fertility rates.
Q: Why is this trend relevant for users or analysts?
A: Trends in Costa Rica's TFR provide crucial insights into the country's demographic transition and inform policymaking around social services, labor markets, and economic development.
Q: How is this data collected or calculated?
A: The TFR is calculated based on birth rate data collected by Costa Rica's national statistical agency.
Q: How is this trend used in economic policy?
A: Fertility rate data is used by economists and policymakers to analyze population dynamics and inform social programs in Costa Rica.
Q: Are there update delays or limitations?
A: The TFR data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Costa Rica (SPDYNTFRTINCRI), retrieved from FRED.