Fertility Rate, Total for Panama
SPDYNTFRTINPAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.12
Year-over-Year Change
-18.63%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Panama measures the average number of children a woman would have over her lifetime. This metric is critical for economists and policymakers to understand population trends and demographic shifts.
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 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 statistic provides insights into Panama's population dynamics and can inform economic and social policies.
Methodology
The data is collected through national surveys and census information by the World Bank.
Historical Context
Fertility rates are a key input for economic forecasting, labor force planning, and social program design.
Key Facts
- Panama's total fertility rate was 2.45 in 2020.
- Fertility rates have declined in Panama over the past decades.
- Lower fertility rates can impact labor force growth and dependency ratios.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Panama measures the average number of children a woman would have over her lifetime based on current age-specific fertility rates.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are crucial for understanding a country's population dynamics, which inform economic forecasting, labor force planning, and social program design.
Q: How is this data collected or calculated?
A: The data is collected through national surveys and census information by the World Bank.
Q: How is this trend used in economic policy?
A: Fertility rates are used by economists and policymakers to analyze population trends and their implications for the labor force, social services, and economic growth.
Q: Are there update delays or limitations?
A: The World Bank publishes this data on an annual basis, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Panama (SPDYNTFRTINPAN), retrieved from FRED.