Fertility Rate, Total for Luxembourg
SPDYNTFRTINLUX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.25
Year-over-Year Change
-17.76%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate measures the average number of children a woman would have over her lifetime. This metric is crucial for economists and policymakers to understand demographic trends and plan for the future needs of the population.
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 for Luxembourg 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 childbearing years. This data helps track changes in family planning and population growth.
Methodology
The fertility rate is calculated by the United Nations based on official national statistics.
Historical Context
Fertility rates are closely monitored by governments and international organizations to inform policies related to public services, social programs, and economic development.
Key Facts
- Luxembourg's total fertility rate was 1.39 in 2020.
- Fertility rates have been declining in Luxembourg since the 1960s.
- Low fertility can lead to population aging and economic challenges.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate measures the average number of children a woman would have over her lifetime in a given country or region.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are crucial demographic indicators that help economists and policymakers understand population dynamics and plan for the future needs of society.
Q: How is this data collected or calculated?
A: The fertility rate is calculated by the United Nations based on official national statistics.
Q: How is this trend used in economic policy?
A: Fertility rates are closely monitored by governments to inform policies related to public services, social programs, and economic development.
Q: Are there update delays or limitations?
A: The fertility rate data is published annually by the United Nations, with a lag of 1-2 years.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Luxembourg (SPDYNTFRTINLUX), retrieved from FRED.