Fertility Rate, Total for the Dominican Republic
SPDYNTFRTINDOM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.24
Year-over-Year Change
-11.24%
Date Range
1/1/1960 - 1/1/2023
Summary
The Fertility Rate, Total for the Dominican Republic measures the average number of children born per woman in the country. This key demographic indicator is important for understanding population trends and development planning.
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 were to live to the end of her childbearing years and bear children in accordance with the current age-specific fertility rates. It is a crucial metric for policymakers and economists to track population growth and project future labor force and resource needs.
Methodology
The data is collected through national census and survey programs.
Historical Context
Fertility rates are used to inform social, economic, and public health policies.
Key Facts
- The Dominican Republic's total fertility rate was 2.39 in 2020.
- Fertility rates have declined from over 5 children per woman in the 1970s.
- Lower fertility is linked to improved female education and family planning access.
FAQs
Q: What does this economic trend measure?
A: The Fertility Rate, Total for the Dominican Republic measures the average number of children born per woman in the country.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are a key demographic indicator that informs social, economic, and public health policies.
Q: How is this data collected or calculated?
A: The data is collected through national census and survey programs.
Q: How is this trend used in economic policy?
A: Fertility rates are used to project future labor force and resource needs, and to inform development planning.
Q: Are there update delays or limitations?
A: The data may have a delay of 1-2 years due to the census and survey collection process.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for the Dominican Republic (SPDYNTFRTINDOM), retrieved from FRED.