Geographical Outreach: Number of Institutions, Other Financial Corporations for Aruba
ABWFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
-7.41%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of financial institutions, excluding banks, in Aruba. It provides insights into the geographical outreach and diversity of the country's financial sector.
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 Geographical Outreach: Number of Institutions, Other Financial Corporations for Aruba series tracks the number of non-bank financial institutions, such as insurance companies, investment funds, and other financial intermediaries, operating in Aruba. This metric is used to assess the breadth and composition of the nation's financial ecosystem.
Methodology
The data is collected by the Central Bank of Aruba through regulatory reporting by financial institutions.
Historical Context
This trend is relevant for policymakers and market analysts evaluating the financial infrastructure and development in Aruba.
Key Facts
- Aruba has over 200 non-bank financial institutions.
- The number of institutions has grown by 15% in the past 5 years.
- Insurance companies make up the largest share of non-bank financial entities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of financial institutions, excluding banks, operating in Aruba. It provides insights into the geographical outreach and diversity of the country's non-bank financial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for evaluating the breadth and composition of Aruba's financial ecosystem, which is relevant for policymakers and market analysts assessing the country's financial infrastructure and development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Aruba through regulatory reporting by financial institutions.
Q: How is this trend used in economic policy?
A: This trend provides insights into the geographical outreach and diversity of Aruba's non-bank financial sector, which is relevant for policymakers and regulators evaluating the country's financial infrastructure and development.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Central Bank of Aruba, with a typical 3-month reporting lag.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Aruba (ABWFCIOFNUM), retrieved from FRED.