Pension Fund Assets to GDP for Bulgaria
DDDI13BGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.42
Year-over-Year Change
356.46%
Date Range
1/1/2000 - 1/1/2020
Summary
The Pension Fund Assets to GDP for Bulgaria measure the total assets of private pension funds as a percentage of the country's gross domestic product. This metric provides insight into the size and importance of the private pension system.
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 Pension Fund Assets to GDP ratio tracks the value of assets held by private pension funds in Bulgaria relative to the overall size of the country's economy. It is an indicator of the development and scale of the private pension system, which is a crucial component of the social safety net and retirement planning.
Methodology
The data is collected and calculated by the World Bank using national account and pension fund statistics.
Historical Context
This trend is used by economists and policymakers to assess the maturity and financial strength of Bulgaria's private pension system.
Key Facts
- Bulgaria's pension fund assets were 7.7% of GDP in 2020.
- Private pension funds in Bulgaria have grown steadily since the 1990s.
- The pension system plays a crucial role in Bulgaria's social welfare.
FAQs
Q: What does this economic trend measure?
A: The Pension Fund Assets to GDP for Bulgaria measures the total assets of private pension funds as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of the private pension system in Bulgaria, which is a crucial component of the social safety net and retirement planning.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national account and pension fund statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the maturity and financial strength of Bulgaria's private pension system.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with some potential delays in reporting.
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Citation
U.S. Federal Reserve, Pension Fund Assets to GDP for Bulgaria (DDDI13BGA156NWDB), retrieved from FRED.