

Is your definition of socialism basic needs met or something else?
The Nordic countries gets close to the food, shelter, medical being met. Homelessness (sleeping in public) was surveyed at 0.04% according to first Google result (Sweden 2023). Healthcare is not free but very cheap.
Anyway if that qualifies then yes, birthrate is less than replacement level.
It’s usefulness is in it’s simplicity, not in the accuracy or precision at an individual level.
Especially if you like lifting weights you can get some wild errors.