Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Aruba
ABWFCLOFIXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,739,100,000.00
Year-over-Year Change
125.05%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by insurance corporations in Aruba. It provides insights into the utilization of financial services and the liability structure of the insurance industry in the country.
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 Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Aruba metric represents the total value of deposits maintained by insurance companies operating in Aruba. This data point is used by economists and policymakers to analyze the financial intermediation activities and liquidity conditions within the Aruban insurance sector.
Methodology
The data is collected and reported by the Central Bank of Aruba.
Historical Context
This trend is relevant for assessing the insurance industry's role in channeling financial resources and the overall financial stability in Aruba.
Key Facts
- Aruba's insurance industry held $X.XX billion in outstanding deposits as of the latest data.
- Deposits at insurance corporations account for Y% of total financial system liabilities in Aruba.
- The outstanding deposits trend has [increased/decreased] by Z% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by insurance companies operating in Aruba. It provides insight into the financial intermediation activities and liquidity conditions within the Aruban insurance sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for economists and policymakers to assess the role of the insurance industry in channeling financial resources and the overall financial stability in Aruba.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Aruba.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to monitor the financial intermediation activities and liquidity conditions within Aruba's insurance industry, which is relevant for maintaining financial stability.
Q: Are there update delays or limitations?
A: The data is published with a delay of X months by the Central Bank of Aruba. There may be limitations in coverage or reporting that users should be aware of.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Aruba (ABWFCLOFIXDC), retrieved from FRED.