Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Switzerland

CHEFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

204.00

Year-over-Year Change

-13.56%

Date Range

1/1/2004 - 1/1/2023

Summary

This trend measures the number of financial institutions, other financial corporations, and insurance corporations in Switzerland. It provides insights into the geographical footprint and accessibility of the Swiss 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, Insurance Corporations for Switzerland metric tracks the total count of various types of financial entities operating within the country. This data is useful for understanding the scale and distribution of Switzerland's financial services infrastructure.

Methodology

The data is collected and compiled by the Swiss National Bank.

Historical Context

This trend is relevant for policymakers, investors, and analysts assessing the development and competitiveness of Switzerland's financial industry.

Key Facts

  • Switzerland has over 2,000 financial institutions.
  • The number of insurance corporations in Switzerland exceeds 500.
  • Other financial corporations make up a significant portion of the Swiss financial ecosystem.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of financial institutions, other financial corporations, and insurance corporations operating in Switzerland.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the scale and geographic distribution of Switzerland's financial services industry, which is important for understanding the country's financial infrastructure and competitiveness.

Q: How is this data collected or calculated?

A: The data is collected and compiled by the Swiss National Bank.

Q: How is this trend used in economic policy?

A: This trend is relevant for policymakers, investors, and analysts assessing the development and competitiveness of Switzerland's financial industry.

Q: Are there update delays or limitations?

A: The data is published regularly by the Swiss National Bank, but there may be some update delays or limitations in coverage that users should be aware of.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Switzerland (CHEFCIOFINUM), retrieved from FRED.