Non-Bank Financial Institutions' Assets to GDP for United States
DDDI03USA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.05
Year-over-Year Change
35.34%
Date Range
1/1/1960 - 1/1/2020
Summary
This trend measures the ratio of non-bank financial institutions' assets to the United States' gross domestic product (GDP). It provides insight into the relative size and importance of the non-banking 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 Non-Bank Financial Institutions' Assets to GDP ratio tracks the total assets held by non-bank financial entities, such as insurance companies, pension funds, and investment funds, as a percentage of the country's GDP. This metric offers a broader view of the financial system beyond just the banking sector.
Methodology
The data is collected by the World Bank from national accounts and balance sheet information.
Historical Context
This trend is useful for policymakers and analysts to assess the role and potential risks of the non-bank financial system within the broader economy.
Key Facts
- The ratio peaked at over 340% in 2007 before the Global Financial Crisis.
- The non-bank financial sector's assets were approximately 250% of GDP as of 2020.
- Insurance companies and pension funds make up a significant portion of non-bank financial assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets held by non-bank financial institutions, such as insurance companies and investment funds, as a percentage of the United States' gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the relative size and importance of the non-banking financial sector, which is crucial for policymakers and analysts to assess potential risks and the overall stability of the financial system.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to monitor the growth and potential risks of the non-bank financial sector, which can have significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is typically updated annually, and there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for United States (DDDI03USA156NWDB), retrieved from FRED.