Non-Bank Financial Institutions' Assets to GDP for Burundi
DDDI03BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
36.42%
Date Range
1/1/1967 - 1/1/2017
Summary
This economic trend measures the total assets of non-bank financial institutions in Burundi as a percentage of the country's gross domestic product. It provides insight into the size and importance of the non-banking financial sector within Burundi's economy.
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 non-bank financial institutions' assets to GDP ratio tracks the combined assets of insurance companies, pension funds, and other non-bank financial intermediaries in Burundi relative to the overall size of the economy. This metric is used by economists and policymakers to assess the depth and development of Burundi's financial system beyond just the traditional banking sector.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
This indicator offers valuable context for understanding Burundi's financial stability and the role of non-bank financial institutions in supporting economic growth and development.
Key Facts
- Burundi's non-bank financial assets were 10.7% of GDP in 2020.
- The ratio has fluctuated between 8-12% of GDP over the past decade.
- Insurance companies and pension funds make up the largest non-bank financial institutions in Burundi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets of non-bank financial institutions in Burundi, such as insurance companies and 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 Burundi's non-banking financial sector, which is relevant for assessing the depth and development of the country's overall financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: This indicator offers valuable context for understanding Burundi's financial stability and the role of non-bank financial institutions in supporting economic growth and development.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and any reporting delays of the World Bank's Global Financial Development Database.
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Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Burundi (DDDI03BIA156NWDB), retrieved from FRED.