Fertility Rate, Total for Singapore
SPDYNTFRTINSGP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.97
Year-over-Year Change
-19.17%
Date Range
1/1/1960 - 1/1/2023
Summary
The Total Fertility Rate for Singapore measures the average number of children a woman would have over her lifetime. It is a key demographic indicator used by policymakers to assess population trends and plan for social services.
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 is the estimated average number of children that would be born to a woman over her lifetime if she experienced the current age-specific fertility rates throughout her childbearing years. It provides insights into a country's demographic profile and helps inform policies related to education, healthcare, and social welfare.
Methodology
The data is collected through national population surveys and censuses.
Historical Context
Fertility trends are closely monitored by Singapore's government to ensure adequate social and economic planning.
Key Facts
- Singapore's total fertility rate was 1.14 in 2020, well below the replacement level of 2.1.
- The declining fertility rate in Singapore is a concern for policymakers as it leads to an aging population.
- The government of Singapore offers various incentives and policies to encourage couples to have more children.
FAQs
Q: What does this economic trend measure?
A: The Total Fertility Rate for Singapore 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: The fertility rate is a key demographic indicator used by policymakers to assess population trends and plan for social services, healthcare, and education needs.
Q: How is this data collected or calculated?
A: The data is collected through national population surveys and censuses.
Q: How is this trend used in economic policy?
A: Fertility trends are closely monitored by Singapore's government to ensure adequate social and economic planning.
Q: Are there update delays or limitations?
A: The data is published regularly by the relevant government statistical agencies, but there may be some delays in reporting the latest figures.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for Singapore (SPDYNTFRTINSGP), retrieved from FRED.