Fertility Rate, Total for the Solomon Islands
SPDYNTFRTINSLB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.56
Year-over-Year Change
-17.95%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for the Solomon Islands measures the average number of children born per woman. This metric is important for economists and policymakers to understand population growth and demographic 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 represents the number of children a woman would have throughout her childbearing years based on current age-specific fertility rates. This statistic is widely used to analyze population dynamics and make projections for a country's future population size and structure.
Methodology
The data is collected through national census and household survey efforts.
Historical Context
Fertility rates are a key input for economic and social planning in developing countries.
Key Facts
- The fertility rate in the Solomon Islands is among the highest in the world.
- Declining fertility rates are associated with economic development and rising living standards.
- High fertility rates pose challenges for resource allocation and service provision in developing countries.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for the Solomon Islands measures the average number of children born per woman based on current age-specific fertility rates.
Q: Why is this trend relevant for users or analysts?
A: Fertility rates are a key demographic indicator used to understand population growth, structure, and dynamics, which are important for economic and social planning.
Q: How is this data collected or calculated?
A: The data is collected through national census and household survey efforts.
Q: How is this trend used in economic policy?
A: Fertility rates are used by economists and policymakers to analyze population growth and make projections for a country's future population size and structure, which informs economic and social planning.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in data collection, particularly in developing countries.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for the Solomon Islands (SPDYNTFRTINSLB), retrieved from FRED.