Fertility Rate, Total for Somalia
SPDYNTFRTINSOM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.13
Year-over-Year Change
-15.63%
Date Range
1/1/1960 - 1/1/2023
Summary
The total fertility rate for Somalia measures the average number of children born per woman, providing insight into demographic trends and population growth.
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 a key demographic indicator used by economists and policymakers to analyze population dynamics, labor force, and social welfare policies. It represents the average number of children a woman would have over her lifetime.
Methodology
The data is collected through national surveys and census programs.
Historical Context
Fertility rates are closely monitored to inform economic planning and social development strategies.
Key Facts
- Somalia has one of the highest fertility rates in the world.
- High fertility is linked to challenges in healthcare, education, and economic development.
- Fertility rates have declined in Somalia over the past decades but remain very high.
FAQs
Q: What does this economic trend measure?
A: The total fertility rate for Somalia 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 crucial demographic indicator used by economists and policymakers to understand population dynamics, labor force, and social welfare needs.
Q: How is this data collected or calculated?
A: The data is collected through national surveys and census programs.
Q: How is this trend used in economic policy?
A: Fertility rates are closely monitored to inform economic planning and social development strategies in Somalia.
Q: Are there update delays or limitations?
A: There may be delays in data collection and reporting due to the challenging conditions in Somalia.
Related Trends
Number of Identified Exporters to Somalia from Kansas
KSSOMA475SCEN
Number of Identified Exporters to Somalia from Massachusetts
MASOMA475SCEN
Population, Total for Somalia
POPTOTSOA647NWDB
Number of Identified Exporters to Somalia from Illinois
ILSOMA475SCEN
Ease of doing business index for Somalia
ICBUSEASEXQSOM
Value of Exports to Somalia from Massachusetts
MASOMA052SCEN
Citation
U.S. Federal Reserve, Fertility Rate, Total for Somalia (SPDYNTFRTINSOM), retrieved from FRED.