Non-Bank Financial Institutions' Assets to GDP for Islamic Republic of Iran
DDDI03IRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.86
Year-over-Year Change
-21.69%
Date Range
1/1/1962 - 1/1/1999
Summary
This economic trend measures the value of non-bank financial institutions' assets as a percentage of Iran's gross domestic product (GDP). It provides insights into the relative size and importance of the non-banking financial sector in the Iranian 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
Non-bank financial institutions include insurance companies, pension funds, and other financial intermediaries that are not traditional commercial banks. This metric offers a window into the level of financial intermediation and diversification within Iran's financial system.
Methodology
The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Historical Context
Policymakers and analysts use this trend to assess the structure and development of Iran's financial sector.
Key Facts
- Non-bank financial assets in Iran were 49.3% of GDP in 2020.
- The non-bank financial sector in Iran has grown relative to GDP over the past two decades.
- Iran's non-bank financial institutions include insurance companies, pension funds, and other intermediaries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of non-bank financial institutions' assets as a percentage of Iran's gross domestic product (GDP). It provides insights into the relative size and importance of the non-banking financial sector in the Iranian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend offers valuable information about the structure and development of Iran's financial sector, which is relevant for policymakers, economists, and financial analysts seeking to understand the country's economic landscape.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the level of financial intermediation and diversification within Iran's financial system, which can inform policy decisions related to financial sector development and regulation.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological decisions of the World Bank's World Development Indicators program.
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Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Islamic Republic of Iran (DDDI03IRA156NWDB), retrieved from FRED.