Mutual Fund Assets to GDP for Austria
DDDI07ATA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.59
Year-over-Year Change
11.13%
Date Range
1/1/1999 - 1/1/2020
Summary
The Mutual Fund Assets to GDP for Austria metric tracks the value of mutual fund assets held in Austria as a percentage of the country's gross domestic product. This indicator provides insight into the development and importance of the mutual fund industry within the Austrian 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 Mutual Fund Assets to GDP for Austria represents the total assets held in mutual funds in Austria divided by the country's GDP. This ratio is used to gauge the relative size and significance of the mutual fund industry in the Austrian financial system.
Methodology
The data is collected and calculated by the World Bank using information from national sources and their own estimates.
Historical Context
Economists and policymakers monitor this trend to assess the depth and sophistication of Austria's capital markets and financial sector development.
Key Facts
- Austria's Mutual Fund Assets to GDP ratio was 0.3 in 2021.
- The ratio has grown from 0.14 in 2000, indicating the expanding role of mutual funds.
- Austria has a bank-based financial system, so mutual funds are less prevalent than in market-based economies.
FAQs
Q: What does this economic trend measure?
A: The Mutual Fund Assets to GDP for Austria metric tracks the total value of mutual fund assets held in the country as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into the relative size and significance of the mutual fund industry within the Austrian financial system, which is useful for assessing capital market development and financial sector depth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources and their own estimates.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to evaluate the sophistication and maturity of Austria's capital markets and financial sector, which informs decisions around financial regulation and development policies.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting, as it relies on national sources and World Bank estimates. The metric also does not provide a complete picture of the Austrian financial system, as it only captures mutual fund assets.
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Citation
U.S. Federal Reserve, Mutual Fund Assets to GDP for Austria (DDDI07ATA156NWDB), retrieved from FRED.