Non-Bank Financial Institutions' Assets to GDP for Colombia
DDDI03COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.69
Year-over-Year Change
1115.15%
Date Range
1/1/1991 - 1/1/2014
Summary
This trend measures the total assets held by non-bank financial institutions in Colombia as a percentage of the country's GDP. It provides insight into the size and importance of the non-banking financial sector in the Colombian 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 is a key indicator of the development and role of the non-banking financial sector within a country's overall financial system. It can help analysts and policymakers assess the depth and diversification of Colombia's financial markets.
Methodology
The data is calculated by the World Bank using information on the total assets of non-bank financial institutions and Colombia's GDP.
Historical Context
This metric is used by economists, investors, and policymakers to evaluate the financial depth and stability of the Colombian economy.
Key Facts
- Non-bank financial institutions include insurance companies, pension funds, and investment funds.
- Colombia's non-bank financial assets to GDP ratio was 51.6% in 2020.
- The ratio has grown from 36.4% in 2000, indicating the sector's expanding role.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets held by non-bank financial institutions in Colombia as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: The non-bank financial institutions' assets to GDP ratio provides insight into the size and importance of the non-banking financial sector in the Colombian economy, which is useful for assessing financial depth and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information on the total assets of non-bank financial institutions and Colombia's GDP.
Q: How is this trend used in economic policy?
A: This metric is used by economists, investors, and policymakers to evaluate the financial depth and stability of the Colombian economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a typical update delay of 1-2 years.
Related Trends
Value of Exports to Colombia from Washington
WACOLA052SCEN
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Colombia
COLPRINTO01IXOBSAQ
Number of Identified Exporters to Colombia from Mississippi
MSCOLA475SCEN
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Colombia
COLNAEXKP06GYSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Colombia
COLCP100000GYM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Colombia
COLFCBODUNUM
Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Colombia (DDDI03COA156NWDB), retrieved from FRED.