Fertility Rate for Australia

Indicator Definition:
Total fertility rate represents the number of children that would be born to a woman if she were to live to the end of her childbearing years and bear children in accordance with age-specific fertility rates of the specified year.

The statistic "Fertility Rate" stands at 1.50 births per woman as of 12/31/2023, the lowest value at least since 12/31/1961, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -7.98 percent compared to the value the year prior.
The 1 year change in percent is -7.98.
The 3 year change in percent is -5.12.
The 5 year change in percent is -13.79.
The 10 year change in percent is -19.14.

The Serie's long term average value is 2.11 births per woman. It's latest available value, on 12/31/2023, is 28.87 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2023, to it's latest available value, on 12/31/2023, is +0.0%.
The Serie's change in percent from it's maximum value, on 12/31/1961, to it's latest available value, on 12/31/2023, is -57.63%.